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HR's new ROI: Return on intangibles
Author(s) -
Ulrich Dave,
Smallwood Norm
Publication year - 2005
Publication title -
human resource management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.888
H-Index - 94
eISSN - 1099-050X
pISSN - 0090-4848
DOI - 10.1002/hrm.20055
Subject(s) - capitalization , business , market capitalization , value (mathematics) , shareholder , human resources , shareholder value , intellectual capital , work (physics) , resource (disambiguation) , marketing , management , finance , economics , corporate governance , computer science , engineering , mechanical engineering , paleontology , philosophy , linguistics , computer network , horse , machine learning , stock market , biology
A new human resource ROI has been identified: return on intangibles . Intangibles represent the hidden value of a firm and are becoming an increasingly important portion of a firm's total market capitalization. Six actions that HR professionals can take to create sustainable intangible value are presented in great detail. The emerging focus on intangibles opens the way for HR professionals to more readily link their work to shareholder value. © 2005 Wiley Periodicals, Inc.