• 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- Open ness C- Collaborative T- Trustworthiness A- Authenticity P- Proactive A- Affiliative C- Confrontation E- Experimentation