Professor of Practice Management and Organizations, Ross School of Business
Human Capital: Foundations and Essentials
What You'll Learn
- Analyze and apply the Human Capital Management Circle Framework to real-world HR scenarios
- Evaluate and employ strategies for effective communication and conflict resolution
- Identify and explain the legal and strategic foundations of HR
- Reflect on personal learning and development by maintaining a Learning Journal to document insights and track progress
4 Modules
16 Hours
4 hrs per module (approx.)
Rating
About Human Capital: Foundations and Essentials
Unlock the potential of your HR career with “Human Capital: Foundations and Essentials.” Dive into the evolution of HR roles, from traditional titles like Personnel Director to modern designations such as Human Capital Manager and People Operations Leader. This course equips you with the skills to evaluate and implement effective communication and leadership strategies that span the entire people space. Throughout the course, you’ll analyze and reflect on mini-case studies based on real-world scenarios to bridge course content with your own professional experiences.
Explore the legal and strategic aspects of HR as you transition from conventional methods to contemporary practices that prioritize employee engagement, well-being, and workforce development. With an overview of the Human Capital Management Framework and its implications on beliefs, values, and health and safety, this course ensures you are well-rounded in the fundamental and cutting-edge elements of human capital management. Immerse yourself in this dynamic field and emerge with the expertise to drive meaningful change in your organization.
This is the first course in “Extraordinary Human Capital Management,” a course series for human resource professionals interested in advancing their skills to align with organizational and employee needs.
Skills You'll Gain
- HR Operations
- Human Capital
- Human Resource Management
- Human Resource Planning
- Human Resources Concepts
- Human Resource Strategy
What You'll Earn
- Certificate of Completion:
- Certificates of completion acknowledge knowledge acquired upon completion of a non-credit course or program.
Welcome Message
Welcome to Human Capital: Foundations and Essentials! This course sets the foundation for Human Capital Management and is the first course in the Extraordinary Human Capital Management series. Explore the HR/HCM Circle Framework and its real-world applications, trace the evolution of HR roles, and develop strategies for communication and problem-solving. Reflective practice via a Learning Journal deepens professional growth while you examine legal, strategic, and AI-driven HR approaches.
This abbreviated syllabus description was created with the help of AI tools and reviewed by staff. The full syllabus is available to those who enroll in the course.
Course Schedule
Module 1: Introduction
- Video: Introduction to Extraordinary Human Capital Management
- Reading: Syllabus
- Reading: Help Us Learn More About You!
- Discussion Prompt: Meet Your Fellow Global Learners
- Video: Course Welcome
- Reading: Why Is It So Hard To Be A Chief HR Officer (CHRO)?
- Video: Introduction to Human Capital Management (HCM) Framework
- Reading: Why Did We Ever Go Into HR?
- Graded Assignment: Pre-Assessment
- Reading: Introduction to the Gamut Workbook
- App Item: Learning Journal: Goals Activity
- Video: Introduction to Vignettes
- Reading: Vignette: A Seat at the Table
- Discussion Prompt: A Seat at the Table Discussion
- Video: Debrief: A Seat at the Table
- Video: Introduction to Learning Journals
- Reading: 10 Ways Journaling Benefits Students
- App Item: Learning Journal: Module 1 Reflection
Module 2: Beliefs and Values and the Center of the Framework
- Video: Beliefs and Values Core to People Management
- Reading: Sanger Values Card Sort
- Reading: Plante-Moran: from day one, experience our difference
- Reading: (Optional) Plante & Moran: All You Really Need To Know
- Video: Debrief: Plante & Moran: All You Really Need To Know
- Video: Interview with Alex Engebretson
- Discussion Prompt: Qualities of Your Best Leader
- Reading: Great Place to Work Podcast: Mike Malloy of Rocket Mortgage
- Reading: (Optional) Quicken Loans: Enduring an Entrepreneurial Spirit
- Video: Debrief: Quicken Loans: Enduring an Entrepreneurial Spirit
- Discussion Prompt: Quicken Loans' "-Isms"
- Video: Interview with Lynn Wooten
- Video: Debrief: Alex Engebretson & Lynn Wooten Interviews
- App Item: Learning Journal: Module 2 Reflection
Module 3: Health & Safety – A Specific Value
- Video: Introduction to Health and Safety
- Reading: Vignette: The Cooling Loop
- Discussion Prompt: The Cooling Loop Discussion
- Video: Debrief: The Cooling Loop
- Video: Health and Wellness
- Video: Dangerous Situations
- Reading: The 2022 CEOs Who 'Get It'
- Reading: National Day of Mourning Offers Canada a Chance to Rethink Worker Health and Safety
- Graded Assignment: Who Is Responsible?
- Video: OSHA and International Laws
- Video: Interview with David Oliver
- Video: Module 3 Summary
- App Item: Learning Journal: Module 3 Reflection
Module 4: Infrastructure
- Video: Module 4 Objectives
- Video: Introduction to Infrastructure
- Discussion Prompt: Potential Improvements
- Video: Money, Money, Money
- Reading: High Income Improves Evaluation of Life But Not Emotional Well-Being
- Video: Interview with Lily Dipietro
- Video: The Belgium Plant Walk-out
- App Item: Learning Journal: Compensation and Benefits Activity
- Video: Total Compensation
- Reading: Understanding People Analytics & Their Benefits for Your Organization
- Video: Module 4 Summary
- App Item: Learning Journal: Module 4 Reflection
- Reading: Post-Course Survey
Grading Policy
To pass this course, learners must achieve an overall grade of 80%. Graded assignments consist of two quizzes worth 50% each.
Course content developed by U-M faculty and managed by the university. Faculty titles and affiliations are updated periodically.
Intermediate Level
A bachelor’s degree is recommended, but learners with 3-5 years of job experience in any field can enroll without a degree.
