Managing Human Capital (11191.2)

This is an introductory unit for students doing a Major in Human Resource Management and for students seeking an in-depth exploration of issues relating to the management of human capital in contemporary organisations.

The aim of this unit is to introduce students to the theory and practice of managing an organisation's human capital and to situate this field of study in relation to the study of strategic management and strategic human resource management.

Learning outcomes

After successful completion of this unit, students will be able to:
1. Explain the theory and concepts of human capital management and human resource management (HRM) including developments in these fields of study;
2. Apply dimensions of the competencies and behaviours of an HR professional and commence development of a learning-portfolio, reflect on and discuss the learning and development relevant to the student's professional life;
3. Explain the characteristics of effective HRM practice in one or more practice areas and identify how they relate to employee wellbeing and effective individual performance;
4. Discuss elements of sound ethical principles and use basic HR metrics in evidence-based decision-making associated with an aspect of workforce management;
5. Explain the factors driving organisational change, changes in the future of work and the workforce (such as inclusion, ICT and internationalisation) that have implications for workforce management;
6. Explain industry research in one or more areas of traditional and contemporary HRM practice in a selected organisational context that enhances employee wellbeing and job performance; and
7. Demonstrate clearly in writing the results of research and analysis of organisational HRM capability in a dynamic organisational content.

Graduate attributes

1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - communicate effectively
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - take pride in their professional and personal integrity
2. UC graduates are global citizens - think globally about issues in their profession
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development
4. UC graduates are able to demonstrate Aboriginal and Torres Strait Islander ways of knowing, being and doing - communicate and engage with Indigenous Australians in ethical and culturally respectful ways

Prerequisites

None.

Corequisites

None.

Incompatible units

None.

Equivalent units

None.

Assumed knowledge

None.