PRESTIGE INSTITUTE OF MANAGEMENT, GWALIOR PRESENTATION ON Presented to: Presented by: Dr. Garima Mathur Pallavi Tiwari Rohit Kumar Jyoti
HRD Scorecard The HR Scorecard is a strategic HR measurement system that will help you measure, manage and improve the strategic role of your HR department . The HR scorecard is a method for Human Resources to position itself as a strategic planning partner with line managers and executives within an organization.
History Most HR scorecards are developed based on the work of Robert Kaplan and David Norton, who built upon the original “Balanced scorecard" theories of Art Schneiderman. Kaplan and Norton wrote a couple of papers in the early 1900s on the subject, followed by a book in 1996 called "The Balanced Scorecard ."
Process "The HR Scorecard," recommends a four-step process that includes identifying the critical deliverables for human resources, identifying human resource customers, defining HR activities that provide deliverables like high-talent staffing or employee-retention initiatives, and conducting cost-benefit analyses of deliverable-providing activities .
Perspectives….. The HR Scorecard is a really useful tool to measure the level of maturity of any HRD of organizations . This tool focuses on 4 perspectives: 1 . HRD Systems Maturity 2. HRD Competence 3. Linking business Objectives with HR 4. HRD Culture
HRD Culture Every organization should follow an OCTAPACE Culture: O- Openness C-Collaborative T-Trustworthiness A-Authenticity P-Proactive A- Affiliative C-Confrontation E-Experimentation