Introduction
Human Capital Reviews (HCRs) are annual, evidence-based reviews conducted between the Office of Personnel Management (OPM) and Chief Financial Officer (CFO) Act agencies that allow agency human capital leaders to discuss the implementation and execution of human capital goals, including risks, barriers, and successful practices. These reviews serve as an opportunity for OPM to provide feedback, identify opportunities for cross-cutting human capital collaborations, and share leading practices with agencies.
Overview
HCRs were conducted with all 24 CFO Act agencies for Fiscal Year 2024 (FY24) from April 2, 2024, through June 13, 2024. The reviews entailed a conversation with agency executives, leaders, managers, and subject matter experts on two main topics:
- Use of human capital data to conduct data driven decision making, such as:
- using HRStat to measure and inform attainment of Human Capital Operating Plan (HCOP) objectives in support of the Agency Strategic Plan; and
- incorporating data from the Agency’s Independent Audit Program to inform and adjust human capital strategies; and
- ensuring necessary data analytics skills and processes are in place.
- Integrating artificial intelligence (AI) into the workforce, including:
- workforce planning efforts to identify and recruit AI talent; and
- plans for using AI in HR.
This report summarizes and analyzes the 24 HCR discussions, including CFO Act agency efforts to use human capital data to conduct data driven decision making, and efforts to integrate AI into the workforce, as well as corresponding leading practices that may be replicated or adapted by other agencies.