Curious About the HR Scorecard? Seeking Detailed Info and Latest HR Developments

Dear All,

A few days back, I got to know about the HR Scorecard. Could somebody please provide me with detailed information about it and also share some study materials related to it? Additionally, I am interested in learning about the latest developments in the field of HR.

Please reply at the earliest.

Regards,
Supriya

Gentleman,

You may visit Mumbai CST at Kalaghoda; there is a shop called Sterling Bookshop near the bus stand where you will find this book.

Summary of HR Scorecard: Linking People, Strategy, and Performance by Brian E. Becker, Mark A. Huselid, Dave Ulrich.

Regards,
Sawant

Hi,

The concept of HR scorecard is related to the performance of HR in a specific organization. It checks the efficiency and effectiveness of HR in the organization. This means you create a scale, and according to your results, you assign a number to HR indicating how much they contribute to the organization. Therefore, it is advisable for you to utilize the concept of HR audit, which helps you determine the current status of HR. I have also prepared a questionnaire about HR audit and have already posted it on an HR site.

Regards,
Sudhir

Hi Supriya,

An HR scorecard is a measurement tool (a set of metrics) that measures HR initiatives and specifies HR's contribution in numbers. For example, in recruitment, measuring the Turn Around Time (lead time in days) for every new recruit, or measuring the productivity of each employee, such as Revenue per employee. It shows us the value that HR has added to the corporate goals. This tool helps HR become a strategic partner by adding value.

I hope this helps.

Regards,
Nazia

Thank you all for the valuable replies, but can you tell me if there is a set procedure to carry it out? I am planning to implement it in the organization, thus I want detailed information regarding it. Kindly send if you have anything more about this topic.

Regards,
Supriya

Supriya,

You will find numerous documents on Google. Just search for "HR Scorecard." One request, since I'm quite new to using Cite-HR regularly, please help me with posting attachments here. Thanks.