Answer:-
Human Capital Management (HCM) is the process of hiring, developing, and managing employees to maximize their potential and contribute to business success. It includes recruitment, training, performance management, payroll, and employee engagement. HCM focuses on treating employees as valuable assets, ensuring they have the skills, support, and motivation to perform at their best. Companies that invest in HCM create a positive work environment, boost productivity, and retain top talent. In simple terms, it’s about managing people effectively so they grow, succeed, and help the organization thrive in a competitive world. Happy, skilled employees drive business success.
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