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Overview of Human Capital Management (HCM) An organisation's primary asset is its people and the importance for businesses to cultivate this vital asset is paramount. The trend among today's human resources (HR) executives is to take a strategic approach, known as Human Capital Management (HCM). HCM applications promote a quality workforce through better resource planning, recruiting, training, talent tracking and personnel record-keeping. By deploying a wide range of employee development and talent management applications, companies can gain efficiencies, reduce costs and enhance the quality of their workforce.
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