.
Manage Your Strategic Initiatives More Effectively By Successfully Implementing the HR Scorecard
.
Dates & Venues : To be announced shortly

People matter. People make the difference between a good and a great organisation. People are so often called the greatest asset of the organisation.

TALENT is the scarcest resource.

Despite these widely understood statements, too many organisations struggle to create a truly effective HR function – and as a result the business suffers.

The new economic paradigm is characterised by speed, innovation, quality and customer satisfaction. The essence of the competitive advantage has shifted from tangible assets to intangible ones.

The focus is now on human capital and its effective alignment with the overall strategy of organisations.
This is a new age for Human Resources.

The entire system of measuring HR’s contribution to the organisation’s success as well as the architecture of the HR system needs to change to reflect the demands of succeeding in the new economy.

The HR scorecard is a measurement as well as an evaluation system for redefining the role of HR as a strategic partner.

It is based on the Balanced Scorecard framework developed by Kaplan and Norton and is set to revolutionise the way business perceives HR Based on various studies, it can be concluded that firms with more effective HR management systems consistently outperform the competition.

However, evidence that HR can contribute to a firm’s success doesn’t mean it is now effectively contributing to success in business. It is a challenge for managers to make HR a strategic asset.

The HR scorecard is a lever that enables them to do so. Implementing effective measurement systems for intangible assets is a very difficult task and demands the existence of a unified framework to guide the HR managers.

It is this difficulty that has been the prime reason why managers tend to avoid dealing with intangible assets as far as possible. In the process firms under-invest in their people and at times invest in the wrong ways.

Another difficulty is, managers cannot foresee the consequences of their investments in intangible human assets in a well-defined measurable manner and they are not willing to take the risk. Thus, the most effective way to change this mindset is obvious – to build a framework just like the Balanced scorecard, which has sound measurement strategies and is able to link HR functions, activity and investment with the overall business strategy.

The HR scorecard framework was specifically designed for these purposes.

This unique course addresses two major and related topics. These two topics greatly help to elevate an HR function from administrative to strategic, and to gain a respected “seat at the top-table” where HR can genuinely become the valued strategic partner of the organisation.

1. Successfully developing and using the Learning and Growth (“people”) perspective of an organisation or business unit Balanced Scorecard. It is widely recognised as being the most difficult perspective of the standard Kaplan and Norton model – many organisations struggle to implement this dimension of their business Scorecard
   
2. Successfully developing a Scorecard for the HR function. HR is a business – it has its own people, processes and customers to manage – and has to do this within strict financial resource limitations. The fundamental requirement is to align the strategy of the organisation with the strategy of HR – in other words to align HR with the business. The HR Scorecard is a great way to achieve this alignment

Why Attend our Training Course?

Our approach to training aims to deliver exactly what you, the customer, needs and wants. The trainers have significant experience of their topics and have worked in the "real" business world, which enables them to design and deliver in a way that is applicable to the business environment in which you work.

Our emphasis is on learning that reflects real business situations, allowing participants to learn valuable skills that can easily be applied to the workplace.

Smaller Groups, More Personal Attention

We Train delegates in small groups on a friendly and informal basis. This enables trainers to adopt a "hands on" approach, dealing with individuals and the specific needs they have.

This creates a relaxing atmosphere and comfortable learning environment for delegates so they feel more confident about asking questions.

Who should ATTEND?
Researched with and developed for Directors, Heads, General Managers, Managers, Officers and Coordinators of:

• Human Resources
• HR Communications
• Internal Communications
• Employee Engagement
• Employee Communications
• Employee Relations
• Career Development
• Talent Management
• Corporate Communications
• Coaching & Mentoring
• Performance Management
• Recruitment & Branding
• Organizational Development
• Organization Effectiveness
• Compensations & Benefits
• Workforce Planning / Management

This Event will reinvigorate the way you think about your role and will allow yourself to benchmark against the best....so don’t miss out

Avail of our Special Discount Offers & Group Booking Offers for Each City … (refer to attached brochure for details)

Don’t hesitate! These 2 Days out of the office will help you transform your organization

Call Our Registration Desks Today :

+919867712415 /+919821287845 / +919821587845 / +919821787845
OR
022 40108414 / 022 66682415

Request a Brochure for this event