The human mind is our fundamental resource. – John F. Kennedy
The distinction between Human Capital Management (HCM) and Human Resource Management (HRM) isn’t always extremely clear in core human resource literature. This also isn’t surprising. While many analysts would argue that the two disciplines are quite different, there are sufficient common elements and interdependencies that contribute to a flattening of the differences and, in some instances, the use of the terms interchangeably. So a short discussion of the differences and similarities may contribute to a better understanding of HCM in its proper context.