	Preface

People are an agency’s most important organizational asset. A Model Of Strategic Human Capital Management: A New Tool For Agency Leaders

The human capital model highlights the kinds of thinking that agencies  should apply, as well as some of the steps they can take, to make progress  in managing human capital strategically. As  with any investment, the goal is to maximize value while managing risk. The  agency’s human capital  approaches are consistently  developed, implemented, and  evaluated by the standard of how  well they support the agency’s  efforts to achieve program results. Previous GAO reports and testimonies have underscored the importance of  having agency leaders and managers with the skills and commitment to  drive cultural change that focuses on results.
What GAO Found

GAO released an exposure draft on its Model of Strategic Human Capital Management, which is intended to help federal agency leaders better manage their organizations' most important asset--their people. The model is designed to help agency leaders effectively use their people, or human capital, and determine how well they integrate human capital considerations into daily decision-making and planning for the program results they seek to achieve. In so doing, the model highlights the importance of a sustained commitment by agency leaders to maximize the value of their agencies' human capital and manage related risks.