HR Scorecard - Assignment Example

Comments (0) Cite this document
The most outstanding benefit that can be associated with the use of HR scorecard has to do with the evaluative outcomes it provides the organization in terms of determining how well organizational strategy has worked for the human resource (Lawler, Jamrog & Boudreau, 2011). By…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91% of users find it useful
HR Scorecard
Read TextPreview

Extract of sample "HR Scorecard"

HR SCORECARD Lecturer: The most outstanding benefit that can be associated with the use of HR scorecard has to do with the evaluative outcomes it provides the organization in terms of determining how well organizational strategy has worked for the human resource (Lawler, Jamrog & Boudreau, 2011). By extension, the evaluative outcomes that are gained help the organization in making several decisions concerning the human resource, including training, placement and promotions.
Once the organization is made aware of how best its strategies work for the human resource, there are a number of people-focused competitive advantages that can be derived. As noted by Becker, Huselid and Ulrich (2001), a company has competitive advantage if it has what it takes to make customers select its products and services over what other competitors offer. Meanwhile, through the use of the HR scorecard to determine the best working outcomes for employees, it is possible to be guaranteed that the employees will show an attitude towards work that is directly responsive to customer request, expectations and needs, making customers select them over other competitors.
In the implementation of the HR scorecard however, there are some challenges that may be encountered. The first of this has to do with the assignment of assessment metrics to work outcomes that are considered more qualitative. Typical example of such work outcome is customer satisfaction. The second challenge has to do with cooperation from employees in the implementation of the outcomes with the HR scorecard (Lawler, Jamrog & Boudreau, 2011). The challenges can be minimized by having a communication system that fully involves employees and clearly explains the modalities of the HR scorecard to them.
Any functional HR scorecard is expected to have the following dimensions in its objectives:
HR deliverables – to achieve increased productivity
High-performance work system – to use the work system in place to deliver superior quality output of work based on stated specifications
HR system alignment – to coordinate with other departments in the delivery of work functions
HR efficiency measure - to use work system efficiently to produce more outcomes with less resources
Becker, B., Huselid, M. A., & Ulrich, D. (2001). The HR scorecard: Linking people, strategy, and performance. Boston, MA: Harvard Business School Press.
Lawler, E. E., III, Jamrog, J., & Boudreau, J. (2011). Shining light on the HR profession. HRMagazine, 56(2), 3841. Read More
Cite this document
  • APA
  • MLA
(“HR Scorecard Assignment Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from
(HR Scorecard Assignment Example | Topics and Well Written Essays - 250 Words)
“HR Scorecard Assignment Example | Topics and Well Written Essays - 250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Balanced Scorecard

...? Balanced Scorecard Approach: A Critical Review Balanced Scorecard Approach: A Critical Review Introduction Balanced Scorecard is a strategic performance management tool, which is mainly used by managers to regulate strategy execution activities and subsequent monitoring processes. Although the first Balanced Scorecard was designed by Art Schneiderman in 1970, the concept of Balanced Scorecard was extensively developed and widely popularized by Robert S. Kaplan and David P. Norton. According to them, a Balanced Scorecard “defines the set of near-term objectives and activities, the drivers that will differentiate a company from its...
8 Pages(2000 words)Essay


...? BALANCED SCORECARD WEEK 6 Executive Summary Balanced Scorecard is an important tool developed to measure the level of performance mainly of the employees in an organization. Procter and Gamble (P&G) is a reputed FMCG company which operates its business worldwide. It is headquartered at Ohio, United States. The company is engaged in the business of offering consumer goods to its customers in packaged form. The sales and marketing division of P&G group is committed towards providing best services to its customers. This study entails the preparation of a balanced scorecard for the strategies to be implemented in the sales and marketing division of the company keeping it aligned with the...
10 Pages(2500 words)Essay

Balanced Scorecard

...Management (SHRM), can support innovation by the help of a balanced scorecard approach. Using the insights derived from Yin (1994), the authors have researched the manner in which balanced scorecard performance management system has been fruitfully put into practice in two major hotel chains including Towers and ITC Maurya, which are located within the India’s capital. This case study comprises of the organizations’ interaction of 45 several stakeholders. Among those who participated in providing information in this study included the vice president, HR. In addition, secondary sources were examined for more evidence, which included power point presentations used to make communications in...
8 Pages(2000 words)Assignment

Balance scorecard

...? A brief essay about a sustainability framework or tool Contents Balance Scorecard 3 Strengths and Limitations of Balance Scorecard 4 Strengths 5 Limitations 6 Recommendations 7 References 9 Balance Scorecard The Balance Scorecard is a framework or tool for measurement of sustainability of an organization which acts as a decision support system for the management for taking necessary action in order achieve sustainability of business operations in the long run. In order to maintain sustainability of business, it requires constant monitoring of business operation which needs to be measured and quantified as per certain parameters that are preset. The various perspectives, with the help of which the performance of an organization... is the...
5 Pages(1250 words)Essay


...? Applying a Balanced Scorecard to the Kuwaiti Government Education System: An Initial Approach for Reforming Education Abstract The Ministry of Education (MOE) is under increasing pressure to reform the educational system in Kuwait. To meet this challenger in a rapidly changing era, MOE will need to undergo fundamental changes in the way that they operation and continuously seek out ways that they can create future value. This paper explores and discusses the potential applicability of the Balanced Scorecard method to the educational system in Kuwait, in an effort to stimulate and sustain continuous improvement. Promising results have been reported in the for-profit and governmental organizations already...
14 Pages(3500 words)Essay

Balanced Scorecard

...Introduction This paper provides a study of balanced scorecard measure and the significant of its measures in achieving the goals set by an organization. The most important of the company's activities lies in driving maximum level of customer satisfaction through enhanced performance on the part of the company and its people. This objective cannot be achieved unless the company sets specific performance goals and the specific measures to evaluate the level of performance towards the achievement of these goals. As customer satisfaction is the main driver of the organization's profit target, it is of critical importance for the company to enhance its performance level to achieve its goals. Balanced...
5 Pages(1250 words)Essay

Balanced Scorecard

...September 8, Summary: Balanced Scorecard Balanced scorecard is reportedly a strategic management tool that provides measures or techniques which enable managers to determine the ability of the organization to apply strategies that achieve organizational goals. As indicated, these measures include both financial and operational measures, internal processes, as well as innovation and improvement activities. There have been four crucial perspectives in the balance scorecard concept, such as: the customer, internal, financial, and innovation and learning. The noted benefits of using balanced scorecard as a performance tool includes integrating all relevant facets into a...
1 Pages(250 words)Essay

Balanced Scorecard

...HUMAN RESOURCE- BALANCED SCORECARD Lecturer’s Balanced scorecard Managers in organizations want a balanced presentation of the operational and financial measures to ensure organizational success. The balanced scorecard helps in achieving this by tracking all the essential elements of the organizational strategy from partnership, teamwork, continuous improvement and global scale. The scorecard provides managers with a set of measures that provide the results of actions already taken. It is important for complementing the financial measures on customer satisfaction, organizational innovation, its improvement activities, as well as the operational measures necessary for...
3 Pages(750 words)Book Report/Review

Application: Constructing an HR Scorecard

...HR Scorecard There are different ways in which the HR scorecard prepared above may be used to demonstrate and achieve value creation that aligns with the organization’s strategic goals. The ways and means by which each of the dimensions of the HR scorecard is expected to be used have been briefly displayed below. HR deliverables: Based on the items given in the HR deliverables, it is expected that value will be said to be created out of the deliverables if the employee base is able to achieve increased productivity. As noted by Lawler, Jamrog & Boudreau (2011), productivity is the best indicator of...
2 Pages(500 words)Assignment

Balance scorecard

...Balance Scorecard Introduction Balance Scorecard (BSC) is the strategic planning tool that is exclusively usedby governments,’ nonprofit organizations and businesses globally in the alignment of business operations with the strategic and vision of the company, coordination of its external and internal communications and monitoring of the company’s performance against its long term goals. The nursery volunteers can employ the BCS which constitutes of non financial and financial measures in order to promote their long term profitability, survival and reduction of poverty in the long run. Jack (2009) explains that in the USA currently, the horticulture farming achieves a gross total of $98.9 billion and it’s...
8 Pages(2000 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic HR Scorecard for FREE!

Contact Us