global keynote address: dr wilson wong, cipd, uk
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#hrstandards2014TRANSCRIPT
Human capital standards: Valuing the people who make organisations work
Wilson Wong
SABPP 2nd National Standards Conference
Johannesburg, SA
28th August 2014
South African futures
futuristablog.com
Human resources or capital?
Individual human capital
Economic inactivitySkills and knowledge
obsolescenceLong-term illness
Lack of opportunityOppression/ discrimination
Education/ TrainingLife/ Work experiences
NetworksPotential to learn & adapt
Economic activity
The people value eco-system
Value creation
Human capital
Deployment and optimal
utilisationof capitals Enabling systems
(e.g. governance; institutional
trustworthiness; infrastructure)
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BS76000
• Feb 2014. Human capital standards committee, British standards Institute
• BS76000: Management system for valuing people in organizations 4 Requirements
• BS76000 public comment 1st October for 100 days• Expected publication 1st June 2015• Invitation to be part of a wider international
consultation
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Global HR?
Internationalisation of HR
Competencies/ Body of
Knowledge
Academic and market
credibility of the assessment
Internationally accepted
frameworks and standards Organisational
measurement: human capital
metrics
Value to other business areas