People Economics: Defining and Measuring the True Value of Human Capital

by Laura Kellers Queen

Overview

This book shatters the barriers between traditional Finance and Human Resources by demonstrating that People Economics is a win-win for both companies and their employees. There have been many attempts to bring clarity to the term 'human capital', People Economics breaks through with common language and a relevant framework. The stories, real-life examples and calculable metrics provide tangible ways to bring human capital measurement to life. ESG and sustainability reporting, corporate transparency and disclosure of human capital measures are rapidly gaining prominence for investors, analysts, regulators and consumers. The United States lags other nations in this field; People Economics offers a path to rapidly accelerate understanding of this complex and challenging arena. It is an essential reference for investors, executives, human resources and finance professionals, and business educators.

Product Details

ISBN-13:	9781098390969
Publisher:	BookBaby
Publication date:	08/16/2021
Sold by:	Barnes & Noble
Format:	eBook
Pages:	276
File size:	3 MB

About the Author

Laura Kellers Queen, EdD has emerged as a leading voice in the Human Capital field. She has quite literally changed the language within these arenas to better reflect and quantify the role and impact of the workforce on corporate performance. "People Alpha" – or the excess return available to investors who recognize talent as strategic business assets — has arrived and is creating advantages for those who adopt a more systematic, outcome-oriented approach to human capital management. Her book, People Economics: Defining and Measuring the True Value of Human Capital lights the way for those desiring to overcome a blind spot when it comes to assessing and valuing the role of people in the success of business.
A 'Jersey-girl' at heart, Laura lives in Bucks County, PA. Loves include travel, street art, camping (yes, in tents), piles of books, gardening, skiing and bicycling. She and her husband, Tim are avid cooks and wine enthusiasts and cherish time with their adult children and fur babies.

Table of Contents

Preface 1

Acknowledgments 5

The Case for People Economics

Chapter 1 The Human Cost 9

Chapter 2 The Players 19

Chapter 3 The Changing Language of Business 25

Chapter 4 The Challenges of Measurement 45

Chapter 5 Accounting for Human Capital: A Blended Standards Model 64

Chapter 6 Measuring Organizational Culture 73

Chapter 7 The Impact of Leaders 87

Chapter 8 Requisites for a Renaissance 100

Experts Weigh In

Chapter 9 David Bookbinder Talks Valuation 115

Chapter 10 David Griffith Talks Leadership, Boards, Poverty and Much More 126

Chapter 11 J. Renay Loper Talks Diversity, Equity and Inclusion 144

Chapter 12 Karen A. Tenner Talks Communicating Across Cultures 156

Real-Life Impact

Chapter 13 Turning Around a "Hot Potato" Plant 169

Chapter 14 Let the Buyer Beware 172

Chapter 15 Voices Carry 175

Chapter 16 When Success Equals Succession 180

Chapter 17 The Cost of Losing Susan 182

Chapter 18 The Most-Important Employees 185

A Final Thought 189

Appendices

Appendix A Blended Standards Measures and Metrics 195

Appendix B Examples of Public Disclosures 231

Appendix C Examples of Turnover Cost Calculations 237

Index 239

Endnotes 255