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Human capital management: a new name for HRM?

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  • Fida Afiouni

Abstract

The purpose of this paper is to contribute to the understanding of human capital management (HCM) and to make a case that it is much more than a new name for human resource management (HRM). The paper reviews the theoretical and empirical human capital (HC) literature, as well as the literatures regarding strategic human resource management (SHRM), and knowledge management (KM) to develop a framework pertaining to the management of HC. The framework developed will assist researchers and practitioners in the identification and exploration of variables linked to the effective management of HC within organisations. It is concluded that managers of organisations need to understand the complexity of managing HC and must combine their HRM strategy with their KM strategy to leverage their human capital. By integrating several fields of the literature that relate to HC management, the paper suggests propositions that deserve future research consideration.

Suggested Citation

  • Fida Afiouni, 2013. "Human capital management: a new name for HRM?," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 10(1), pages 18-34.
    • Handle: RePEc:ids:ijlica:v:10:y:2013:i:1:p:18-34
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    Cited by:

    1. Lukáš Smerek & Milota Vetráková & Šárka Čemerková & Vojtěch Malátek, 2020. "Comparison of the Level of Personnel Work in the Czech Republic and Slovakia," Sustainability, MDPI, vol. 13(1), pages 1-16, December.
    2. Nitin Simha Vihari & Bindu Singh & M.K. Rao, 2016. "Relationship between human capital management and organisational performance: an empirical evidence from select Indian banks," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 13(1), pages 1-26.

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