HCM ACTIVITIES/VALUE DRIVERS/OUTCOMES

A unique feature of the VB-HR™ Rating is how HCM activities (inputs), HCM value drivers, and HCM outcomes are combined to generate an overall assessment.

Activities are defined as 'actions intentionally carried out by HR and/or through line management that are designed to influence the management of people within the organisation'. As such they tend to fall into two categories: either (i) productivity enhancing, or (ii) compliance enforcing. Examples would include carrying out training/development; performance reviews; developing HR policies; conducting H&S audits etc.

HCM value drivers are a 'clustered group of HCM coompetencies that affect the organisational management/performance of human capital from the joint dimensions of effectiveness, maintenance, and risk.' Examples include Workforce Intelligence, HR Functional Capability, and HR Strategy.