What if HR could be measured with the same rigor as finance?

In this episode of Behind The Numbers With Dave Bookbinder, we’re diving into how human capital can—and should—be treated as a value-creating investment. Dave is joined by Dr. Solange Charas, founder of HC Moneyball, co-author of Humanizing Human Capital, and professor at Columbia University.

Dr. Charas shares how HC Moneyball is equipping human capital practitioners with the quantitative tools they need to speak the language of finance—helping shift HR from a qualitative support function to a strategic business partner.

You’ll hear insights on:

• Why aligning HR with financial metrics is essential for earning a seat at the executive table

• The impact of AI on workforce management and decision-making

• How to calculate and apply key metrics like HCROI

• The global movement toward standardized human capital reporting

• How to reframe the workforce from a cost center to a driver of business value

This episode is a must-listen for business leaders, CFOs, and HR professionals looking to bridge the gap between people and performance.

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About Solange Charas:

In this enlightening episode of Behind the Numbers, host Dave Bookbinder welcomes Dr. Solange Charas to discuss the significant role of human capital in driving business success. Dr. Shirah, a professor at Columbia University and founder of HC Moneyball, shares her expertise on preparing human capital practitioners with quantitative skills to transform HR from a qualitative to a more data-oriented function.

The conversation explores the importance of HR professionals speaking the language of finance to gain a strategic seat at the table, the impact of artificial intelligence on human capital, and how HC Moneyball helps organizations perceive human capital as an investment rather than an expense. Additionally, Dr. Charas introduces her co-authored book "Humanizing Human Capital," which combines future HR perspectives with data analytics for value creation.

With insights into the global landscape of human capital reporting and metrics, the episode breaks down crucial formulas like the HCROI and offers a roadmap for improving workforce efficacy. The discussion also addresses challenges and opportunities within HR functions and the need for a business-minded approach to human capital management.

About the Host:

Dave Bookbinder is known as an expert in business valuation and he is the person that business owners and entrepreneurs reach out to when they need to know what their most important assets are worth. Known as a collaborative adviser, Dave has served thousands of client companies of all sizes and industries. 

Dave is the author of two #1 best-selling books about the impact of human capital (PEOPLE!) on the valuation of a business enterprise called The NEW ROI: Return On Individuals & The NEW ROI: Going Behind The Numbers. 

He’s on a mission to change the conversation about how the accounting world recognizes the value of people’s contributions to a business enterprise, and to quantify what every CEO on the planet claims: “Our people are this company’s most valuable asset.”

Dave’s book, A Valuation Toolbox for Business Owners and Their Advisors: Things Every Business Owner Should Know, was recognized as a top new release in Business and Valuation and is designed to provide practical insights and tools to help understand what really drives business value, how to prepare for an exit, and just make better decisions.

He’s also the host of the highly rated Behind The Numbers With Dave Bookbinder business podcast which is enjoyed in more than 100 countries.

🔸 Grab Dave’s Books: The New ROI: Return on Individuals  | The NEW ROI: Going Behind The Numbers  |  A Valuation Toolbox for Business Owners and Their Advisors: Things Every Business Owner Should Know

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Subscribe to Behind The Numbers With Dave Bookbinder on your favorite podcast platform so you never miss an episode. If you enjoyed this conversation, please share it with your network and leave a review—it helps more business owners and advisors discover the show!

BEHIND THE NUMBERS WITH DAVE BOOKBINDER IS AN AWARD-WINNING PODCAST THAT IS ENJOYED IN MORE THAN 100 COUNTRIES. THANK YOU FOR MAKING BEHIND THE NUMBERS AMONG THE MOST POPULAR PROGRAMS GLOBALLY!

Subscribe to Behind The Numbers With Dave Bookbinder on your favorite podcast platform so you never miss an episode. If you enjoyed this conversation, please share it with your network and leave a review—it helps more business owners and advisors discover the show!