Human Resource Management and Human Capital Management

First define and then compare and contrast Human Resource Management (HRM)with Human Capital Management (HCM) by building upon class content and discussion.

Human Resource management is the process of managing individuals within an organization, using the policies, practices and systems that influence the employees. Human Capital Management is the managing of individuals based on their skills, training, experience, intelligence, relationships and insight. Human resource management (HRM) is the management of an organization's most valued assets, the individuals who are employed by the organization, while human capital management HCM is related it varies slightly.

An example of HRM is anything involving the day to day operations of an...