Human Capital Management (HCM) is an approach to workforce management that views employees not just as resources, but as valuable assets whose skills, well-being, and engagement are critical to organisational success.
Unlike traditional Human Resource Management (HRM), which focuses on administrative functions like payroll and recruitment, HCM takes a strategic, holistic view. It integrates processes such as talent acquisition, onboarding, learning and development, performance management, and retention into a cohesive framework aimed at maximising the value of the workforce.
