Dear All, Kindly let me know the difference between IDP ( Individual Development Plan ) and BSC ( Balanced Score Card ) Regards, Jennifer Isaac
From India, Mumbai
Acknowledge(0)
Amend(0)
2From India, Mumbai
Acknowledge(0)Amend(0)
Dear Jennifer,
The Individual Development Plan (IDP) is a concept that emphasizes discussion and joint decisions by the employee and the supervisor, with input from mentor(s), on the specific developmental experiences necessary to fulfill the mutual goals of individual career development and organizational enhancement. Each IDP is uniquely tailored to the needs of the individual and the organization.
The IDP is a personal action plan, jointly agreed to by you and your supervisor, that identifies your short and long-term career goals. An IDP also identifies the training and other developmental experiences needed to achieve those goals, for the benefit of the individual and organization, within a specified time frame.
The balanced scorecard is a management system (not only a measurement system) that enables organizations to clarify their vision and strategy and translate them into action. It provides feedback around both the internal business processes and external outcomes to continuously improve strategic performance and results. When fully deployed, the balanced scorecard transforms strategic planning from an academic exercise into the nerve center of an enterprise.
BSC suggests viewing organizations from four perspectives - Learning & Growth perspective, business process perspective, customer perspective, and financial perspective.
Given you the brief understanding regarding IDP & BSC.
Let me know if more is required.
To all my authors here: "When we share things with each other, we're formed by experience... we are authors of each other."
Javed
From India, Thana
Acknowledge(1)
Amend(0)
The Individual Development Plan (IDP) is a concept that emphasizes discussion and joint decisions by the employee and the supervisor, with input from mentor(s), on the specific developmental experiences necessary to fulfill the mutual goals of individual career development and organizational enhancement. Each IDP is uniquely tailored to the needs of the individual and the organization.
The IDP is a personal action plan, jointly agreed to by you and your supervisor, that identifies your short and long-term career goals. An IDP also identifies the training and other developmental experiences needed to achieve those goals, for the benefit of the individual and organization, within a specified time frame.
The balanced scorecard is a management system (not only a measurement system) that enables organizations to clarify their vision and strategy and translate them into action. It provides feedback around both the internal business processes and external outcomes to continuously improve strategic performance and results. When fully deployed, the balanced scorecard transforms strategic planning from an academic exercise into the nerve center of an enterprise.
BSC suggests viewing organizations from four perspectives - Learning & Growth perspective, business process perspective, customer perspective, and financial perspective.
Given you the brief understanding regarding IDP & BSC.
Let me know if more is required.
To all my authors here: "When we share things with each other, we're formed by experience... we are authors of each other."
Javed
From India, Thana
Acknowledge(1)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Difference between Vision & Mission.doc
Who I am Makes A Difference.ppt
NLP at Work - The Difference That Makes a Difference in Business.pdf