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Human capital--the most critical asset: past efforts at the federal level have not succeeded in institutionalizing long-term change in the human capital function.(Forum: The Next President's Management Agenda)(Chief Human Capital Officers Act of 2002)

Since the comptroller general placed the management of human capital on the U.S. Government Accountability Office's list of high-risk programs in 1999, a series of legislative and policy initiatives have tried to recast the way federal agencies think about and perform the human capital function. Although many have been high profile, for the most part these efforts have not succeeded in redirecting the management of government's most critical asset, the people who perform its work.

New laws promoting the management of human capital--the Chief Human Capital Officers (CHCO) Act of 2002--and giving the Departments of Homeland Security (DHS) and Defense (DoD) the authority to ...

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