Discussion 2

HCD 660 – Foundations of Human Capital Development

What’s important?

• Use the syllabus calendar as a checklist • Read the Session Overview page every week • Set Canvas Notifications

• Make sure you “check” Due Date, Course Content, Announcements, Grading, Submission Comment, Discussions, and Conversations

• Assignments due on Saturdays by midnight • Please use Grammarly • No late work accepted unless approved by the instructor • Academic Honesty… don’t cheat!

• Plagiarism… plagiarism is cheating! • Email me…I respond like Jimmy John’s

When it comes to Human Capital Development,

1. I just heard the term recently. Sounds interesting. I thought I’d take a class to learn more.

2. I have professional experience in the area of HCD and want to know more about why things work.

3. I am well versed in HCD and practice the foundational concepts in my current job.

4. Or…

What is

Human Capital Development?

Human Capital Development

• Human Capital is . . . • What people KNOW • How people INTERACT • How COMMITTED people are to the organization, and • The WORK people do

… that drive an organization toward achieving strategic objectives.

Simply stated . . . Human Capital Development– the collective knowledge, skills, and abilities of an organization that drive business growth and economic development.

The Mission and Motto of Human Capital Development

Mission of the HCD programs: We academically prepare professionals to improve performance in organizations through the talents of people.

Motto: Work Hard, Have Fun, Make a Difference!

Human Capital Development… who started this?

Gary Becker • 1992 Nobel prize winner in economics • Credited with developing human capital theory which is a branch of human resource development • Education and training are the most important investments in human capital.

Theodore W. Schultz Address to American Economic Association in 1961 about ROI in human capital “the most distinctive feature of our economic system is the growth in human capital” Schultz, T. W. Investment in Human Capital

… who started this?

Where does HCD fit it?

•What terms or areas of business come to mind when you think about HCD? •Let’s take a look at some models…

Human Resource Development

1984 ASTD (American Society of Training and Development)

Strategic Wheel

2011 Model

2013 ASTD Competency Model™

2014 ATD Competency Model™ ATD Competency Model

2020 Talent Development Capability Model ATD Talent Development Capability Model

Performance Model

Human Capital Development

summarized

• improves productivity by improving employees’ accomplishments. • a systematic and

comprehensive approach to improving job performance. • holistic and cause-conscious.

Human Capital Development…

• Think about the labels you use to describe your professional self • What are the titles?

Roles of the HCD Professional

• Grounds practice in research and theory • Champions research and

theory in the workplace • Conducts and disseminates

research and partners with academic researchers • Acts as a bridge between

research and practice in seeking further development of the field of HRD

The Role of a Scholar-Practitioner

The 411! (4 What’s, 1 So what? 1 Now what?) • What’s the summary?

1. Present research (AHRD) & practice (ATD) 2. Champion of research and theory in the workplace 3. Write articles “from practice” vs “about practice” 4. Jeff Foxworthy – i.e. cite research to support

recommendations • So what?

• Act as a communication bridge between • Now what?

• Value research and theory and adopt evidence-based practices

Short, D. C., & Shindell, T. J. (2009). Defining HRD Scholar-Practitioners. Advances in Developing Human Resources, 11(4), 472-485. doi:10.1177/1523422309342225

Scholar-Practitioner Journal Articles

Wrapping up Session 1

• USM HCD Mission • Improve performance through talents of people

• Know how HCD fits into HRD • Improving individual, group, and organizational effectiveness • What we do affects the bottom-line

• We strive to be Scholar-Practitioners • Linking theory to practice