The HR Scorecard (Review and Analysis of Becker, Huselid and Ulrich's Book)
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About this ebook
This complete summary of the ideas from Brian Becker, Mark Huselid and Dave Ulrich's book "The HR Scorecard" introduces a measurement system that showcases how HR impacts business performance. The “HR Scorecard” matches business strategy against HR deliverables and objectives to provide a statistical basis by which HR efficiency and contribution to strategy implementation can be measured. In their book, the authors provide a seven-step model for embedding HR systems within the firm's overall strategy. This summary will teach you how to use this to maximise the overall quality of human capital in your company.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge
To learn more, read "The HR Scorecard" and find out how you can use this strategy to get the most out of your employees.
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Reviews for The HR Scorecard (Review and Analysis of Becker, Huselid and Ulrich's Book)
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Book preview
The HR Scorecard (Review and Analysis of Becker, Huselid and Ulrich's Book) - BusinessNews Publishing
Book Presentation
The HR Scorecard by Brian Becker, Mark Huselid, Dave Ulrich1
Book Abstract
About the Author
Important Note About This Ebook
Summary of The HR Scorecard (Brian Becker, Mark Huselid, Dave Ulrich)4
1. Clarify and articulate the business strategy
2. Develop the business case for HR as a strategic asset
3. Create a strategy map for the firm
4. Identify HR deliverables within the strategy map
5. Align the HR architecture with HR deliverables
6. Design the HR strategic measurement system
7. Execute management by measurement
Book Abstract
Main idea
The HR (human resources) scorecard matches business strategy against HR deliverables and objectives to provide a statistical basis by which HR efficiency and contribution to strategy implementation can be measured.
As such, the HR scorecard is a management tool which allows a business to:
Manage HR as a strategic asset and a source of competitive advantage.
Quantitatively demonstrate HR’s contribution to the firm’s financial results and bottom-line profitability.
Create and measure the degree of alignment between the strategy of the business and its HR architecture.
When used effectively, HR scorecards link the things people do with the strategy of the company. The HR scorecard also allows a HR architecture to evolve which is measurement managed and systematic. And the HR scorecard allows the human resource function to fill a strategic role in