The HR Scorecard
Linking People, Strategy, and Performance
Harvard Business Review Press, 2001
Category: Human Resources
How to use the HR Scorecard to create human resource policies that align with corporate strategy and boost profits.
In this summary you will learn
- Why you need a "High-Performance Work System" (HPWS)
- How to create a HPWS to give HR strategic influence
- How to develop an HR Scorecard
- What six core competencies HR professionals need
- How to implement an HR change initiative
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Why you should read The HR Scorecard
Authors Brian E. Becker, Mark A. Huselid and Dave Ulrich teach human resources (HR) executives that everything their departments do can influence their companies’ profits - but not just in terms of their administrative actions. HR can have a meaningful impact on the corporation by developing employees’ in-depth awareness of the business, studying the drivers that generate the employee behaviors that move the company’s strategy forward and establishing a new core competency model for HR professionals. getAbstract.com strongly recommends this book as essential for HR executives - and as an illuminating text for other corporate leaders, right up to CEOs. While your company’s HR department may already measure performance, chances are those measurements don’t evaluate the real dollars-and-cents impact on the bottom line. In fact, this book shows how to determine what to measure with your HR Scorecard, how to measure it and how to report back in fiscal terms that upper management can appreciate. This is an affirmation and a roadmap for everyone who ever wanted to prove that HR, strategically deployed, can significantly influence a company’s performance and profitability.
About the Authors
The authors are human resources experts and educators. Brian E. Becker serves as professor and Department Chair of Organizations and Human Resources at the State University of New York in Buffalo. Mark A. Huselid is an associate professor teaching Human Resource Strategy at Rutgers University. Dave Ulrich, a professor at the University of Michigan School of Business, is also the author of Human Resource Champions and co-author of Results-Based Leadership.
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