Making an HR Scorecard Work For You
So you have just been hired as a high level Human Resources
Manager and you are feeling a little overwhelmed by the 5,000
employees you are responsible for? Well congratulations on your
promotion and good luck managing 5,000 employees. Undoubtedly
you will want lady luck on your side but you didn't get to where
you are today without making the most of the tools and people
around you. So before you panic you should take the time to
learn about the HR balanced scorecard.
As you might imagine an HR
scorecard can help you manage those who fall under your
human resources umbrella in a feasible and efficient manner. As
you well know, human resources typically tracks HR metrics
related to performance and other key issues regarding your
employees. All this information is worthless if it cannot be
viewed and shared in a simple yet effective manner. Fortunately
an HR scorecard provides just the tool. An HR balanced scorecard
can be employed to spread information across all levels of the
information, ensuring the lines of communication between HR and
floor managers are open and clear. Working together a Human
Resources manager such as your self and an Operations manager
can see to it that the company's human capital - its priceless
employees - are used in an optimal manner.
Opens the Line of Communication - An HR Scorecard
facilitates real time distribution of information. Open access
to information vital to the success of the company affords each
manager the opportunity to react to issues and problems in a
timely matter, meaning no more waiting for time sensitive
information to trickle down to the appropriate managers. This
open line of communication also ensures everybody is on the same
page and that no one is left behind.
Improves Performance Management - Sharing and
distributing real time information across the Human resources
and Operations department's results in better performance across
the board. Because Operations managers have access to the vital
HR metrics, thanks to the HR balanced scorecard, they are able
to make the timely decisions which result in higher productivity
levels.
Streamlines Records of Employees - Just as an HR
scorecard proves extremely beneficial to an Operations manager
it also helps take some of the burden off your own shoulders. As
an HR manager you can be confident that you have accurate and
updated records of your employees' performance and other vital
metrics in a centralized location - the HR
balanced scorecard. When you need information you know where
to go. There is no need to store employees' records in a file
cabinet because the HR scorecard digitalizes all these important
records.
Your job is too important to rely solely on your own abilities
to get the job done. The tools to make your job easier are
openly available to you, so you might as well take advantage of
them. Not making use of an HR balanced scorecard will not only
make your job that much harder, but it will also put you at a
disadvantage against your competitors who are surely employing
their own HR scorecard solution. And if they aren't then you can
gain your own competitive advantage by employing an HR balanced
scorecard today.
Adam Smith is an information author for 10X Marketing. To learn
more about an
HR Portal or a
balanced scorecard solution please visit Corda.com
Hr scorecard Hr balanced scorecard HR portal - rb