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Investing in People: Financial Impact of Human Resource Initiatives (2nd Edition) 2nd Edition

4.4 out of 5 stars 11 customer reviews
ISBN-13: 978-0137070923
ISBN-10: 9780137070923
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From the Back Cover

A Logical, Proven Framework for Evaluating the Economic Value of HR Investments–Now Updated with Even More Powerful Tools 

  • How to choose HR investments that deliver optimal strategic value–and eliminate those that don’t
  • Extensive new coverage: measuring the hidden costs of layoffs, identifying better performance improvement interventions, and linking HR to stockholder value
  • Best-practice techniques for assessing the value of talent management, health and wellness programs, employee engagement, and more 

Investing in People, Second Edition presents a breakthrough approach to HR measurement that systematically aligns HR investments with organizational goals, making HR a true strategic partner. Wayne Cascio and John Boudreau show exactly how to choose, implement, and use metrics to improve decision-making, optimize organizational effectiveness, and maximize the value of all HR expenditures. You’ll master crucial foundational principles such as risk, return, and economies of scale–and use them to objectively evaluate HR investments ranging from work/life programs to training. Cascio and Boudreau introduce powerful ways to integrate HR with enterprise strategy and budgeting and gain commitment from leaders outside HR. This edition’s new techniques include linking investments in training to stock prices, linking employee engagement to customer service and financial results, strategies for communicating the financial implications of investments in people to leaders outside of HR, and more.

 

About the Author

Wayne Cascio holds the Robert H. Reynolds Chair in Global Leadership at the University of Colorado Denver. He has authored more than 150 journal articles and book chapters and 24 books. In 1999 he received the Distinguished Career award from the HR Division of the Academy of Management. He received an honorary doctorate from the University of Geneva (Switzerland) in 2004, and in 2008 he was named by the Journal of Management as one of the most influential scholars in management in the past 25 years. In 2010 he received the Michael R. Losey Human Resources Research Award from the Society for Human Resource Management. His work is cited regularly in the business press. Dr. Cascio is a Fellow of the National Academy of Human Resources, the Academy of Management, and the American Psychological Association. Currently he serves as a senior editor of the Journal of World Business .

 

John Boudreau is Research Director at the Center for Effective Organizations and Professor of Management and Organization in the Marshall School of Business at the University of Southern California. He is recognized worldwide for breakthrough research on the bridge between superior human capital, talent, and sustainable competitive advantage. He is a strategy, human resource management, and talent advisor and educator in organizations ranging from early-stage companies, to government agencies and Fortune 100 organizations, to large multinational companies. Dr. Boudreau has published more than 60 books and articles, and his work has been featured in Harvard Business Review , The Wall Street Journal , and Business Week . He has won scholarly awards from the Academy of Management. Dr. Boudreau is a fellow of the National Academy of Human Resources and was formerly a professor at Cornell University.

 

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Product Details

  • Hardcover: 384 pages
  • Publisher: Pearson FT Press; 2 edition (December 18, 2010)
  • Language: English
  • ISBN-10: 9780137070923
  • ISBN-13: 978-0137070923
  • ASIN: 0137070926
  • Product Dimensions: 7.1 x 1.2 x 9.2 inches
  • Shipping Weight: 1.8 pounds
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Best Sellers Rank: #121,613 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Hardcover Verified Purchase
The business cases for HR initiatives impacting the enterprise are crucial to moving them forward.

The authors provide valuable insights into how to think about HR investments and their returns.
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Format: Hardcover
The Kindle Edition doesn't contain real page numbers, making it much more difficult to use for school. Additionally, the mathematical examples were often confusing and hard to follow. The authors would frequently move from step to step without including examples of the current step in practice.
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Format: Hardcover Verified Purchase
This was really good. I enjoyed reading it. Everything was broken down so it could be easily understood. I would certainly recommend this.
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Format: Kindle Edition Verified Purchase
Studying for my MSHRD at Villanova. Informative book. Interesting read, would have loved more plain language and other HR topics.
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Format: Hardcover Verified Purchase
Excellent book for HR professionals who want to develop a high level of respect from the accounting and finance types. Best of its kind.
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Format: Hardcover Verified Purchase
This is an amazing book. It serves as a great resource for the HR professional. I definitely will be holding onto this one.
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