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Human Resources
Example of Sound Theory
Citation and Abstract:Becker, G. S. (1993). Human capital, 3rd Edition. Chicago: university of Chicago Press.
The classic study of the consequences of investing in a person's knowledge and skills. Presentation of the theory and measures in terms of the economic effects of investing in human capital. This work won Becker the 1992 Nobel Prize in Economic Science.
Example of Sound Practice
Citation and Abstract:Becker, B. E., Huselid, M. A., & Ulrich, D. (2001). The HR scorecard: Linking people, strategy, and performance. Boston: HBS Press.
Provides the tools and system required for leading a measurement managed human resource architecture-- including the HR function, the HR system, and strategic employee behaviors-- that relentlessly emphasizes and reinforces the implementation of the firm's strategy.