Book Review―Humane Capital: How to Create a Management Shift to Transform Performance and Profit—Professor M.S. Rao Ph.D

“This book outlines ideas and insights from 58 eminent leaders globally, imploring leaders to adopt humane approach to build their organizations. It enlightens the expectations and aspirations of millennials who constitute predominant workforce globally and encourages gender-balanced organizations to achieve excellence and effectiveness. I strongly recommend reading it.” ―Professor M.S. Rao, Author of over 45 Books including '21 Success Sutras for CEOs'; Founder of MSR Leadership Consultants India 

I enjoyed reading Professor Vlatka Hlupic’s award-winning book, Humane Capital: How to Create a Management Shift to Transform Performance and Profit. It illustrates the steps to be taken by managers and leaders in order to create a good, humane organization and achieve a high-performance workplace and sustainable success. Here are some leadership takeaways from this book:

• A dehumanizing approach to management based on a static concept of deploying people as resources is no longer fit for purpose.
• The need to update each company’s business model is made more acute in this volatile world with its rapid technological and demographic change. Changes must be made so as to provide for the expectations of the millennial generation.
• Presently, only a minority of workplaces can be categorized as being passionate and high-performance, and they have a significant competitive advantage.
• Shifting to a high-performance culture means a comprehensive cultural change for some organizations, not just an incremental increase in employee engagement.
• Leadership and employee engagement are vital for boosting productivity in the public sector.
• New technology will not improve services without effective management. Poor implementation can harm productivity.
• If the leadership has a strong sense of purpose it is possible to secure better returns for shareholders while rewarding employees well.
• The best employers have observed these enlightened principles for decades and have demonstrated impressive resilience.
• Many smaller new starts have maintained high-performing way of working and found that it helped them to grow.
• Increasing control and hierarchy can lead to higher costs and declining quality.
• There are strong signs that the millennial generation will only accept an empowering leadership style.
• Command and control approaches can no longer cope with either complexity or rapid change. Bureaucratic, hierarchical organizations are no longer suited to the modern economy.
• The best approaches should be made at the individual, team and organizational level.
• There are eight key pillars of leveraging humane capital. Creating humane workplaces is a moral duty. Humane workplaces are diverse, inclusive and collaborative. They attract the best talent.
• The value of the shift to the creation of humane workplaces is immense.
• There are still many barriers to humanizing organizations.
• Maintaining the status quo has dire consequences. The time for action is now.

This book deals with human resources and leadership development. It is written in a conversational tone. Each word in this book is a pearl. The ideas and insights on human resources are well-punched. It is a widely researched book with examples and illustrations. It is a practical book packed with action. The author is passionate about human resources and adding value to others. Hence, you can imagine the ideas and insights that you will acquire from this book. This book is useful for leaders at all levels from entry to senior level including CEOs. You get the best of the best pieces of advice, ideas, and insights from this book. You can gift this book to your friends and they will thank you forever for your kind gesture. Strongly recommended reading this book!   

References

https://www.amazon.com/Humane-Capital-Management-Transform-Performance/dp/1472957644

Humane Capital: How to Create a Management Shift to Transform Performance and Profit by Vlatka Hlupic (Bloomsbury Business, February 5, 2019) 

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Professor M.S. Rao

Founder of MSR Leadership Consultants India

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