International School of Human Capital ManagementHuman Capital Management Institute
   
 




WHAT DOES IT MEASURE?

The VB-HR™ model looks at human capital management performance for a given organisation from three key perspectives: Effectiveness; Maintenance (i.e. efforts to renew); and Risk.

Thus it provides a relative view on both current and potential future implications of the organisation's human capital management 'practice' and 'performance' with certain predictive attributes.

At Level 2 clients receive an 80 page report that provides insightful text and metrics for each HCM value driver.

The VB-HR™ suite can now report a further fifteen standard operating indices relating to people strategies and effectiveness [see scrolling box to the right] in addition to the standard employee engagement index contained within the current Rating construct. These are constructed from both qualitative and quantitative data on organisation performance collated within the VB-HR™ construct.


EIGHT HUMAN CAPITAL MANAGEMENT VALUE DRIVERS
PEOPLE MANAGEMENT OPERATIONAL INDICES

Diversity
Employee centricity
Employer brand
HR governance
HR operational excellence
Leadership
Organisation communications
Organisation climate
Organisation design effectiveness
Performance orientation
Resourcing
Retention
Reward effectiveness
Talent management
Training & development effectiveness

These performance indices/indicators can be used in a variety of ways, whether it is for measurement, benchmarking, evaluation, reporting or learning or as a precursor for more detailed modelling analytics specific to the organisation. They exist alongside the more strategic measures and baseline metrics which exist in the VB-HR™ portfolio.
Organisations are also able to combine several of these indices into further 'clustered' indices such as, for example 'employer of choice'. The ability to combine qualitative and quantitative data at this level and the ability to provide further detailed modelling analytics gives HR functions and their organisations unrivalled business intelligence when it comes to human capital.

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