The HR Scorecard: Linking People, Strategy And Performance

Brian Becker

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In Circulation

Three experts in Human Resources introduce a measurement system that convincingly showcases how HR impacts business performance. Drawing from the authors' ongoing study of nearly 3,000 firms, this book describes a seven-step process for embedding HR systems within the firm's overall strategy what the authors describe as an HR Scorecard--and measuring its activities in terms that line managers and CEOs will find compelling.

Analyzing how each element of the HR system can be designed to enhance firm performance and maximize the overall quality of human capital, this important book heralds the emergence of HR as a strategic powerhouse in today's organizations.

What will you learn from this book

  1. Alignment with Business Strategy: The HR Scorecard provides a framework for HR professionals to align their activities and initiatives directly with the overall business strategy and objectives.

  2. Metrics and Measurement: It emphasizes the importance of using quantifiable metrics to measure the impact of HR initiatives on organizational performance.

  3. Cause-and-Effect Relationships: The book explores how HR activities directly influence critical business outcomes, establishing cause-and-effect relationships between HR practices and business results.

  4. Talent Management: Focuses on strategic talent management practices, including recruitment, development, and retention strategies aligned with organizational needs.

  5. Strategic HR Planning: Encourages HR professionals to engage in strategic workforce planning to ensure that the organization has the right people with the right skills at the right time.

  6. Linking HR Practices to Financial Outcomes: Demonstrates how HR practices impact financial performance, shedding light on their direct and indirect contributions to the bottom line.

  7. Balanced Scorecard Approach: The book might leverage the balanced scorecard concept to illustrate how HR aligns its objectives across various perspectives, including financial, customer, internal processes, and learning and growth.

  8. Communication and Strategy Execution: Discusses the role of HR in communicating the strategic vision and ensuring its execution through people-related initiatives.

  9. Continuous Improvement: Encourages a continuous improvement mindset in HR practices by monitoring, analyzing, and adapting strategies based on performance metrics.

  10. HR as a Strategic Partner: Positions HR as a strategic partner in organizational decision-making, emphasizing its role in driving sustainable competitive advantage through people management.

Language English
ISBN-10 9781578511365
ISBN-13 9781578511365
No of pages 256
Font Size Medium
Book Publisher Harvard Business Review Press
Published Date 01 Mar 2001

About Author

Author : Brian Becker

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