In today’s day and age, ISO 30414 had provided organizations with a unique opportunity to measure the quality and impact of their Human Resource program and initiatives transparently and credibly. Organizations can generate qualitative and quantitative information, which allows for a more exact and reliable decision-making process. Global HR standard ISO 30414 has been introduced in Pakistan by Zahid Mubarik SHRM-SCP, GPHR, SPHRi CEO HR Metrics. In Pakistan, ISO 30414 is a pioneer in establishing a benchmark for a systematic and strategic approach to measuring the effectiveness of HR activities, which in turn will allow organizations to enhance their productivity and increase stakeholder engagement.

Shahina Hussaini, senior manager HR policies and governance at HBL, remarked that ISO 30414 helps bring out the true essence of Human Resources by quantifying, analyzing, and presenting the people’s performance of the organization. Stakeholders’ engagement is becoming increasingly important and, hence, it is critical to have the right people strategy to align with the overall business strategy. She further explained how the ISO 30414 Human Capital Reporting Guidelines Standard consists of 11 areas of Human Capital management with specific recommendations for small, medium, and large organizations; therefore, the standard is a good fit for all types and sizes of organizations in all parts of the world. Furthermore, a report by the Harvard Law School Forum on Corporate Governance cites that measuring people’s management value is critical to the sustainability of organizations. The ISO 30414 standard also has tremendous value for shareholders and investors since it allows for transparency and accountability in an organization.

HR Metrics is a consulting and training firm, which provides competency-based SHRM certification, ISO global HR Standards Certification and audit, HR data, analytics, diversity & inclusion management tools to optimize organizational performance. In terms of ISO 30414 Human Capital Reporting Standard, HR Metrics provides the following organizational gap analysis audit services on human capital reporting standard, consulting and training on human capital reporting standard, technology solution to implement human capital reporting standard. In Pakistan, HR Metrics is a leading human capital analytics advisory firm, which has made a significant achievement in the field of HR. Recently, HR Metrics conducted the session “Competent in ISO 30414 Human Capital Reporting Standard”, which Shahina attended. She is an SHRM Certified Professional with a strong community and social services experience and has completed her M.B.A. with majors in Human Resources from the Institute of Business Management. Her comments signify the importance of The ISO 30414 Standard, “With the evolving times, shareholders are beginning to realize that company’s true competitive advantage lies in human capital management. Hence, they are keen to see logical and verifiable connections between human capital investments and organizational outcomes. ISO 30414 is the perfect tool to help visionary HR leaders drive the required change, create an impact, and establish meaningful scorecards for managing people initiatives in order to achieve better and distinctly visible results. Adopting the ISO 30414 facilitates HR leaders to present the data and return on workforce investment with the overall organizational performance. It exquisitely “quantifies” the details making contribution of the Human Resources extremely valuable.”

Currently, Shahina is working with HBL, the largest private sector bank in Pakistan, as a Senior Manager HR Policies and Governance. Her exposure to working for Board committees has given her an opportunity to engage with and gain insights from the management. Handling regulatory inspections has helped cultivate strong analytical skills and analyze and develop domestic and international HR Policies has helped her inculcate a global mindset.