10 Principles for Building an Effective Human Capital Plan

Almost every business leader says that people are their most important asset, but few do anything about it.

If you are going to take this principle seriously, then human capital planning is crucial. The Human Capital Plan is an important tool that organizations use to drive focused actions that can ensure goal achievement and business success. It allows companies to assess, plan for, and respond proactively to their human capital challenges and needs.

The 10 principles outlined in this white paper will help you establish a framework of policies, practices, and actions that guide your efforts to focus on your most important asset—your people.