Human Capital Management at CNJ means Integrated Talent Management.
PWC distinguished one from the other. Here’s their explanation. “Many companies have focused on improving their core human capital management (HCM) functions including payroll, benefits, time management, and position management. The next step in the evolution from administrative to strategic is to align your core HCM with your talent management. This integration can help you automate the processes, measurements and analysis required to streamline business operations, and provide the information required to make critical talent management decisions globally. This is vital as HR must have a continuous fl ow of information to assess and measure performance against business objectives in real-time. The HR function can then execute against strategy leveraging its organization, talent management processes and technology. Establishing a set of metrics that measure the performance of HR against business objectives is an essential component of an integrated talent management framework.”