Acknowledging people as human assets and a vital part of the business clearly necessitates a new, more considerate approach by managers to People Management.

It also demands a more considered approach, as evidenced by calls from the investment community for a consistent means for both valuing these intangible assets, and measuring Management Performance in this area.

The Zealise Integrity Programme - ZIP™ - meets this requirement by creating a new key measure, Return on Human Assets that allows a new, more empirical approach to People Management, bringing it into line with the management of any other asset. In doing so it also answers the fundamental issues being addressed by:

• A UK Government task force mandated to look at the whole issue of “Accounting for People.”
• Human Capital Management (HCM) standards requiring the key elements of the way an organisation is managed to be included in the published financial statements of all UK publicly listed companies.

ZIP™ creates a system that will equip you to meet the current HCM reporting requirements, and also any likely future demands. This is because it actually meets and addresses the underlying factors driving the requirements. It offers you:

• Macro and micro-level discipline People Management capabilities
• The same degree of accountability, integrity and administrative control as for any other asset
• Empirical analysis of performance
• A basis of comparison from one period to the next
• Inter and intra-company comparative capabilities

It also reinforces behavioural change within your organisation, particularly on the part of your managers, ensuring your people actually feel like assets, rather than just "resources."

Return on Human Assets is therefore very likely to become the future standard for HCM, but even if it does not, it provides you with a low cost means to keep on top of your People Management and a basis for developing meaningful Key Performance Indicators (KPI) – whilst reinforcing all your other People Management initiatives.

So to learn more about how you can get on top of the demands for effective HCM Reporting, with the added benefits of the engaged employees who feel they are valued, and who are properly recognised and rewarded for their efforts, you should download our FREE “Empowering Employee Engagement” paper or simply contact us directly.