The Balanced Scorecard: A New Challenge details the purpose of and method for using balanced scorecard analysis to track and trend an organization’s activities against the organization’s key goals or strategies.
Balanced scorecard does not contain ALL of HR’s metrics, just the top 10 or less, which also are often shared, even publicly.
consider the role of HR metrics in monitoring and trending the 3 categories contained in the attached HR Metrics Matrix. Consider the research you have done and are doing on your selected organization.
compile monitoring and metric information including the following:
•Introduce the concept of the Balanced Scorecard and briefly discuss how it is used in organizations and in HR.
•Create section headings for the key HR metrics for each of the 3 categories identified in the attached Matrix and discuss(table): Routine HR Metrics, HR Strategy Metrics, and HR Organizational Oversight Metrics.
•Explain your rational for including those metrics on your Balanced Scorecard
•Create an HR Balanced Scorecard, as a Table using the attached Matrix, tailoring it to the organization you have chosen for your Annual Human Resources Operating Plan. Department/Division.
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