The U.S. Securities and Exchange Commission (SEC) just published a proposed rule which, if implemented, will bring human capital disclosure to publicly traded U.S. companies much sooner than imagined. The International Organization for Standardization’ (ISO) standards for human capital reporting, which recommends 23 measures for public reporting by large organizations and 10 measures for small and medium organizations, are a starting point for companies to consider when deciding what will be shared.
Join Dave Vance to learn more about the SEC proposal and ISO standards. He will provide an overview of both efforts and focus on the measures for learning and leadership development that are most likely to be reported. Key topics will include:
• a brief history of both efforts
• the importance of the change proposed by the SEC and its implications
• the 60 measures recommended by the ISO, with a focus on those for public reporting
• the likely consequences on public disclosure from both efforts.
Our profession is about to undergo a major change driven by the coming transparency and sharing of information previously considered confidential. This webcast will help prepare you to start sharing the key measures (if they are good) or improve them (if they are not so good) because in the near future, employees will only want to work for (and investors will only want to invest in) organizations with good ratings on key human capital measures, including talent development.
David Vance is the executive director of the Center for Talent Reporting, which is a nonprofit organization dedicated to the creation and implementation of standards for human capital reporting and management. He is the former president of Caterpillar University, which he founded in 2001. Until his retirement in January 2007, he was responsible for ensuring that the right education, training, and leadership were provided to achieve corporate goals and efficiently meet the learning needs of Caterpillar and dealer employees. Prior to this position, Dave was chief economist and head of the Business Intelligence Group at Caterpillar Inc., and was responsible for economic outlooks, sales forecasts, market research, competitive analysis, and business information systems.
Dave was named 2006 Chief Learning Officer (CLO) of the Year by Chief Learning Officer magazine. He also was named 2004 Corporate University Leader of the Year by the International Quality and Productivity Center in their annual CUBIC (Corporate University Best in Class) Awards. Caterpillar was ranked number one in the 2005 ASTD Best Awards and was named Best Overall Corporate University in 2004 by both Corporate University Xchange and the International Quality and Productivity Center.
Dave is a frequent speaker at learning conferences and association meetings. He conducts workshops on managing the learning function, and teaches in the Ph.D. programs at Bellevue University and the University of Southern Mississippi and in the executive education program at George Mason.