Publisher's Synopsis
Human resource management policies, programs, and practices that served companies well in the industrial era will not be adequate for the challenges of the new, knowledge-based economy. For companies to compete effectively in this new environment, they must be flexible, adaptable, and adjustable. Companies must manage their intellectual capital as effectively as they do their tangible assets. This book provides a blueprint of new roles for human resource management in the knowledge economy. This book provides a blueprint for the HR function in the knowledge economy. It identifies the most important features of the knowledge economy and details four primary roles the HR function must adopt in order to meet these new challenges effectively. A secondary purpose of this book is to stimulate HR professionals to think beyond a simple operational focus on attracting, selecting, developing, retaining, and utilizing employees to a more strategic focus on managing human capital and managing knowledge.
