By Jay Liebowitz
President Bush's number-one administration initiative for the government is the Strategic administration of Human Capital. in line with Knowledgeworkers.com, human capital is the amassed price of an individual's mind, wisdom, and adventure. within the U.S. federal executive, a human capital predicament exists. the criteria contributing to a human capital drawback contain an information bleed because of retirement eligibility, altering views on paintings, and escalating wisdom loss. in response to a Joint listening to at the Federal Human Capital, by means of 2005, greater than half the 1.8 million non-postal civilian staff may be eligible for early or average retirement. an excellent higher percent of the Senior government carrier, the government's middle managers, should be eligible to leave.All executive organizations are required to enhance a human capital method through 2005. lots of those companies have scored a "red" (lowest score) at the govt Scorecard within the manner they're coming near near their strategic administration of human capital. This ebook is an government briefing on constructing a winning human capital approach in response to classes realized from examining current options at executive organisations comparable to NASA.Using an information administration standpoint, Liebowitz identifies 4 pillars of a good approach and offers examples of those in perform. * President Bush's number-one administration initiative for the government is the Strategic administration of Human Capital: the subject of this e-book* All govt businesses are required to advance a plan through 2005--this is the 1st booklet to deal with this desire* presents an easy framework executive organizations can use to increase their technique
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Additional info for Addressing the Human Capital Crisis in the Federal Government: A Knowledge Management Perspective
For example, according to the Advisory Committee on Senior Level Retention and Compensation Report, senior level federal Public Service employees in Canada face a human capital crisis as the demographics suggest that retirements alone will create a signiﬁcant resource gap. pdf ). In a May presentation by Irene Lewis, CEO of SAIT Canada, at the Chamber of Commerce in Alberta, Canada, Lewis mentioned a study conducted by the Canadian Federation of Independent Business that found that labor shortages continue to plague small and medium-sized businesses throughout Canada—approximately , jobs are currently vacant in the small business sector, and roughly , of them have been open for at least four months.
Learning (Knowledge Management): Promote a knowledge-sharing culture and a climate of openness; promote continuous learning and improvement. Performance Goals Measures Knowledge management strategies and/or systems are in place • Agency has effective strategy for knowledge management with targeted objectives and deﬁned results. Agency invests strategically in training and development opportunities for employees • Agency strategies include investment assumptions and cost-beneﬁt analyses for training and development opportunities.
Many of these examples are the result of government downsizing over the past decade, the “graying” workforce, little infusion of new, young talent into the government, the mobility and changing work patterns of entering workers, lack of interest in working for the federal government due to salary shortfalls in the government versus those in the private sector, lack of adequate mentoring and workforce planning, and many other reasons. , from the NASA Ofﬁce of Human Resources website. . In looking towards the future, NASA’s civilian workforce will still be getting smaller.
Addressing the Human Capital Crisis in the Federal Government: A Knowledge Management Perspective by Jay Liebowitz