At a recent PwC conference in London, HR director attendees agreed that this individual should work alongside the board and take responsibility for "implementing measurement systems that identify the correct data with which to deliver human capital profiles that support delivery of business strategy."
Almost all respondents (98%) agreed their businesses should be able to capture, measure and therefore manage data on their people; and that human capital metrics already exist which can be used to do so.
PwC partner Richard Phelps said: “Many organisations don’t yet realise that generic measurements exist today which can be used to measure the business impact of human capital in the same way as companies measure every other asset.”
