Abstract: A web enabled method for managing a life cycle of human capital-related dynamic requirements of an organization by capturing existing goals and/or ethos and/or values of the organization across various business processes and thereby defining required competencies within and across various job families; setting role based performance measures and career growth plans based on defined competencies and captured goals; assessing the human capital on the basis of defined measures and plans to identify skill-gap of the human capital; conducting specific training program to bridge the skill-gap of the human capital and thereby obtaining balance score cards to profile the human capital competency; integrating the assessed competency profile of the human capital in various organizational sourcing channels to enable the organization to search for internal and external sources; and maintaining the balance score cards of the assessed profile for fulfilling human capital service metrics.