Human Resource Management and Measurement/ methods en metingen - Tension between HR-related, organizational and financial outcomes
6 important questions on Human Resource Management and Measurement/ methods en metingen - Tension between HR-related, organizational and financial outcomes
What is the reason of tention between the three outcomes?
What is the steering point of the Strategic Balance Theory?
It is basically about the balance between employer and employee interests. This needs to be in balance.
What are the aim and four perspectives of the balanced scorecard?
1. Financial / accounting; how do we look to our stakeholders? (most important) (retrospective)
2. External / customer: how do our customers see us? (present)
3. Internal business; what must we excel at? (present)
4. Knowledge and growth; including innovation and learning; can we continue to improve and create value? (prospective)
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What are the advantages and disadvantages of the BSC?
- Connecting goal setting to measures
- popular and applied by many organizations
- Generic, Easy to apply
Disadvantages balanced scorecard;
- Not much space for employee attitude and behaviour.
After the HRA and balanced score card several HR scorecards were developed. What was the main difference between the prior and next generation HR scorecards?
What is the workforce scorecard?
1. Culture and mindset
2. Workforce behaviour
3. The competences of the workforce, in particular core employees
4. The workforce success in achieving strategic goals
Its strenght is the actual translation of the scorecard into practice.
It's an anglo-saxon approach: the ultimate business goals in terms of financial success.
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
