The ISO 30414 Human Capital Reporting Standard offers an expansive scope of advantages to the organizations that apply it. From enhanced operational excellency to the strategic management of the human capital and sustainable growth, the organization adopts a globally recognized standard of business practices. In Pakistan, global HR standard ISO 30414 has been introduced by Zahid Mubarik SHRM-SCP, GPHR, SPHRi CEO HR Metrics. Since then, it has proven to be a pioneer in establishing a benchmark for measuring the effectiveness of an organization’s HR Program, transparently and reliably. The ISO 30414 Standard allows the organization to increase its credibility by delivering data-driven results to all involved stakeholders. It also enables organizations to assess the impact and quality of their HR program and human capital and thus make informed decisions.

Usman Shabbir, SHRM-CP, Assistant Manager Corporate Administration at PTCL, attended the session “Competent in ISO 30414 Human Capital Reporting Standard” conducted by HR Metrics. He further explained the benefits of ISO 30414, “Adoption and conformance to the ISO 30414, will enable organizations to understand the precise value of its human resource, identification of opportunities to optimize this value for maximum financial benefit in future and timely identification of risks that have potential to lead the organization in legal hot waters thus giving the opportunity of proactive resolution. It will also enable an organization to focus on high impact initiatives for the enhancement of employee engagement.”

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. The ISO 30414 Human Capital Reporting Guidelines Standard introduced by HR Metrics provides the following organizational gap analysis audit services on human capital reporting standards, consulting, and training on human capital reporting standards and technology solutions to implement human capital reporting standards. The ISO 30414 is essentially a tool that allows an organization to generate its human capital’s real value. As Usman Shabbir perfectly summarized, “ISO 30414 standard is a comprehensive and structured approach that establishes ground rules and parameters for HR professionals in order to enable them to showcase the value of Human Capital of an organization through Human Capital Reporting (HCR) to organization’s stakeholders. Additionally, the standard prepares the HR department to lead reporting initiative by highlighting HR opportunities and challenges for the organization. The standard provides invaluable guidance on how to approach measurement in HR, how to Measure and responsibilities of the HR department to ensure that HCR becomes an integral parameter to judge the value of an organization.”

Usman Shabbir is an aspiring and self-motivated Certified HR Professional (SHRM-CP & HCM Analytics Qualified), having six years of diverse experience of working with Top Management in HR Operations, Strategic HR, and Corporate Administration in PTCL and AWT. Prospects of achieving challenging and time-sensitive targets & objectives; and delivering results beyond expectations excites him. He actively pursues these opportunities in all his professional assignments. He is a team player and is always willing to go the extra mile for the team. Usman has a keen eye for details and proven capabilities of reporting, design, and improvement of processes, measurement of the impact of HR initiatives, formulation, and implementation of impact-oriented policies and objectives for a diverse set of Human Resource. In pursuit of all-around professional development, he ventured into the field of Corporate Administration developing capabilities of Budgeting, Capex, and Opex planning, and monitoring execution of larger-scale projects and reporting. He strongly believes in continuous professional development and cherishes all opportunities for formal and informal learning and development. Usman has a passion for reading, and his favorite pastime is reading literature.

Conclusively, Usman emphasized the importance of standardization possible due to the application of the ISO 30414  and how it is vital to the future success of an organization, “Standardization in general and standardized measurement in particular, in all disciplines and functions, will be the cornerstone of sustainable value creation and financial success of organizations in future. Organizations consciously working towards standardization will ultimately be better prepared to achieve maximum benefits from opportunities in their context.