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Human Capital Management (HCM) is an encompassing term that pertains to the strategic management of an organization's most valuable asset - its people. It involves maximizing employee productivity, engagement, and retention through various processes such as talent acquisition, onboarding, training and development, performance management, succession planning, and workforce analytics. HCM integrates business strategy with human resource management practices to create a high-performing workforce that can meet the challenges of international business environments. It focuses on aligning employee skills, knowledge, and abilities with organizational goals to achieve sustainable competitive advantage. HCM is a proactive approach to managing people that emphasizes continuous learning, development, and growth to drive business success.