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7 Steps of HR Scorecard Approach:

 Step 1: Define the Business Strategy

 Step 2: Outline the Company's Value Chain

 Step 3: Identify the Strategically Required

Organizational Outcomes

 Step 4: Identify the Required Workforce

Competencies and Behaviors

 Step 5: Identify the Strategically Relevant HR

System Policies and Activities

 Step 6: Design the HR Scorecard Measurement

System

 Step 7: Periodically Evaluate the Measurement

System

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mish

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Pakistan

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Q: What are the seven Steps of HR scorecard approach?
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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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