Elements and Performance Criteria
- Identify human capital
- Analyse and evaluate the principles of human capital theory and concepts
- Assess the factors involved in the formation of human capital
- Determine the capital asset value of human resources in an organisation, an industry or a region
- Determine the relationship between human capital and organisational requirements
- Consult on the advantages of human capital development
- Develop and monitor human capital development
- Complete human capital needs analysis and development planning according to organisational requirements
- Analyse and interpret information and data on human capital gaps and forecasts
- Implement options and strategies to develop, attract and retain talent
- Implement options and actions to optimise asset value of human resources in relation to organisational strategic imperatives
- Determine talent and develop the potential of human capital required to meet organisational requirements
- Promote the capacity of the organisation, team and individual employees to achieve strategic and personal advantage through effort to develop human capabilities