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Eduncle posted an MCQ
October 20, 2019 • 19:12 pm 0 points
  • UGC NET
  • Human Resource Management

Human Capital Appraisal Approach of HRD function was outlined in 1998. Who among the following has developed the Human Capital Appraisal Approach ?

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    Eduncle Best Answer

    Human capital appraisal approach, Propounded by Friedman (1998). According to him, there are 5 stages in management of human capital. They are: Clarification stage Assessment stage Design stage Implementation stage Monitoring stage There are 5 areas of human capital management; Recruitment Retention & Retirement Rewards & performance management career development, succession planning and training Organizational structure and human capital enablers Stages in managing human capital is examined along with the areas of human capital management in order to ensure that each of the area are fit to respective strategies.

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