Investors in People (IIP) has finally unveiled the details of its human capital management (HCM) standards group board.
The board, which will officially meet for the first time on 12 July, has been tasked with developing a generic set of employee measures for company reports.
The main standards group, which is made up of 15 HR experts from private industry, business groups and academic organisations, will be backed up by a number of associate members.
IIP has been working on putting the group together since last autumn, when its chief executive Ruth Spellman exclusively revealed the plans to Personnel Today.
At the time, Spellman refuted claims from Denise Kingsmill – the chair of the government’s Accounting for People Taskforce – that one set of metrics to measure human capital would not be effective.
“I don’t share her view,” said Spellman. “I think it is possible. My brain tells me it has got to be possible to come up with some metrics.
“How do you measure the value of your other assets? You use a rule of thumb, don’t you? It’s an accountancy convention that is used to measure hundreds of other things,” she added.
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Associate members of the board include Neil Roden, group HR director at the Royal Bank of Scotland; McDonald’s vice-president of people, David Fairhurst; and Chris Litheland, HR director at SAS Computing.
Investors in People HCM Standards Group- Tim Melville-Ross, chairman, IIP
- Ruth Spellman, chief executive, IIP
- Duncan Brown, assistant director-general, CIP
- John Cridland, deputy director-general, CBI
- Greig Aitken, head of HR research and measurement, Royal Bank of Scotland
- John Wrighthouse, head of planning and development, Nationwide
- Richard Phelps, consultant, PricewaterhouseCoopers
- Petra Cook, head of policy, Chartered Management Institute
- Gary Browning, chief executive, Penna Consulting
- Chris Bones, principal, Henley Management School
- Sabri Challah, partner, Deloitte
- Alan Matcham, director, Oracle
- Stephen Bevan, director of research, The Work Foundation
- Professor Harry Scarborough, principal, Warwick Business School
- Richard Donkin, columnist, Financial Times
For more on HCM, go to IIP chief to lead quest for people measures
