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What is HR scorecard approach?

Updated: 9/11/2023
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HR scorecard measures the HR function's effectiveness and efficiency in producing employee behaviors needed to achieve the company's strategic goals. In order to achieve that you would need to:

- Know what the company's strategy is

- Understand the causal links between HR activities, employee behaviors, organizational outcomes, and the organization's performance

- And have metrics to measure all the activities and results involved.

There are seven steps required to develop HR score card ,so that the result are statistically measure

-define business strategy

-outline company value chain

-identify business required organizational outcomes strategy

-identify required workforce

-identify relevant HR system

-design of HR score card for measurement purpose

-a periodic revaluation based on measurement system from score card

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