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Hurconomics for Talent Management: Making the HRD Missionary Business-driven

Hurconomics for Talent Management:   Making the HRD Missionary Business-driven

  • Dr. T V Rao
  • Author: Dr. T V Rao
    • ISBN:9788131759677
    • 10 Digit ISBN:8131759679
    • Price:Rs. 559.00
    • Pages:200
    • Imprint:Pearson Education
    • Binding:Hardback
    • Status:Not Available


    ‘Hurconomics' is a way of looking at people, processes and events in economic and financial terms. This book deals with the economics of human resources and attempts to analyse HR activities, processes, events, systems and decisions in terms of costs and returns. It also explores the financial metrics or measures of human resources. While these could include costs, benefits, and ROI, a novel unit of measurement proposed and used extensively in this book is cost of time (COT).

    At a time when relationships, loyalty, trust, openness and commitment are increasingly being thrust aside in favour of profits, professionalism, flexibility, strategy, speed and ROI, Hurconomics seeks to assimilate the positives in this new trend, re-establish the better aspects of the older traditions, and integrate them with present practices. The book explains the new role of the business-driven HRD manager and examines some of the methods she/he can use to meet the short-term and long-term goals of the company.

    Table of Content

    1. Hurconomics
    2. Intellectual Capital and HRD
    3. Competency Mapping
    4. Talent Acquisition and Integration
    5. Getting Dividends from Performance Management
    6. 360° Feedback
    7. Assessment and Development Centres
    8. Pay for Performance
    9. Retention Strategies
    10. Leadership Roles and Self-Renewal of HR Professionals
    11. HRD Audit
    12. Hurconomics for CEOs
    13. Hurconomics: Applications and Exercises

    Final Word from the Author

    Salient Features