HR Strategic Planning and Metrics: HR Scorecards, Human Capital Dashboards, ROI
Human capital management is the main business success differentiator in a knowledge economy. The first step is to answer two practical questions: How do we identify our HR strategy and translate it into action? How can we tell our strategy is working?
HR Results de-mystifies HR strategic planning and metrics through processes that:
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Link people in organizations to business results
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Define the difference between HR Management tools, resources, consultation (the HR department’s accountability) and Human Capital Management (management’s and employees’ accountability)
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Measure progress toward strategic goals in meaningful and proactive ways that lead to action
The diagram below illustrates this value-creation process:
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