What does hcm mean?

Hcm refers to human capital management.

Human capital management (HCM) Human capital management is not a brand-new system, but is based on human resource management, integrating the two analytical dimensions of "human" management and "return on capital investment" in economics, investing and managing people in enterprises as capital, and adjusting management measures in time according to the ever-changing human capital market situation and return on investment in order to obtain long-term value returns.

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Human capital management is not a brand-new system, but based on human resource management, it integrates the management of "people" in economics with the return on capital investment, invests and manages people in enterprises as capital, and adjusts management measures in time according to the changing information of human capital market and return on investment in order to obtain long-term value return.

Traditional human resource management is not only out of date, but also the technical basis of human capital management. Human capital management is to realize a higher level of value realization by integrating various human resource management means. Human capital management pays attention to the interactive relationship between investment and return, and makes investment plans in combination with market analysis, so it is relatively more rational, more sensitive to market changes, and clearer in emphasis and measurement scale.