Dear All,
My organization is reviewing our HR Balance Scorecard and would like to benchmark it with other organizations. What I am interested in is to understand what measures and metrics are currently being used in other companies. If you could share your organization's HR BSC and/or give me time to discuss it with you, it would be very useful. I will ensure the confidentiality of the information you share with me. Any help in this regard will be very appreciated.
Regards,
Shitesh
From India, Jamshedpur
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My organization is reviewing our HR Balance Scorecard and would like to benchmark it with other organizations. What I am interested in is to understand what measures and metrics are currently being used in other companies. If you could share your organization's HR BSC and/or give me time to discuss it with you, it would be very useful. I will ensure the confidentiality of the information you share with me. Any help in this regard will be very appreciated.
Regards,
Shitesh
From India, Jamshedpur
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Hi Shitesh,
Nice topic to discuss. I am not sure if organizations who are working towards or have implemented an HRBSC would be able to share or discuss it, as you know it's an Organization Strategy document. You can also try posting this in the "Talk To Seniors" section of this forum as well.
But I won't let you go empty-handed. As far as benchmarking is considered, it may be tricky as no two organizations or practices are ever the same. Again, the argument becomes less than convincing when things like business objectives and resources are taken into consideration.
If you can lay that to rest for now, then all you actually need to broaden your research for your current organization is - HR Strategy Map, then forming the HR Balance Scorecard - measures and metrics, and then establishing the KPI's against those.
If you are looking forward to forming these, then you may go through the attached ppt on HR Balance Scorecard and KPI. It has a sample template of the various areas and how to measure them.
I trust it may add to what you have set out to put together.
If anyone else has standardized templates, they would be great to look at.
Best Wishes,
Andy
From India, Mumbai
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78Nice topic to discuss. I am not sure if organizations who are working towards or have implemented an HRBSC would be able to share or discuss it, as you know it's an Organization Strategy document. You can also try posting this in the "Talk To Seniors" section of this forum as well.
But I won't let you go empty-handed. As far as benchmarking is considered, it may be tricky as no two organizations or practices are ever the same. Again, the argument becomes less than convincing when things like business objectives and resources are taken into consideration.
If you can lay that to rest for now, then all you actually need to broaden your research for your current organization is - HR Strategy Map, then forming the HR Balance Scorecard - measures and metrics, and then establishing the KPI's against those.
If you are looking forward to forming these, then you may go through the attached ppt on HR Balance Scorecard and KPI. It has a sample template of the various areas and how to measure them.
I trust it may add to what you have set out to put together.
If anyone else has standardized templates, they would be great to look at.
Best Wishes,
Andy
From India, Mumbai
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Dear Shitish, Was this useful to you in your research? Do let drop in a feedback. Cheers
From India, Mumbai
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From India, Mumbai
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Dear Andy,
Good presentation about metrics with an explanation. I am sure Shitesh would benefit from it. However, I would like to recommend to all those HR executives/managers whose organization wants to adopt BSC for strategy development and implementation to participate in the Strategy Simplified workshop organized by MasterCard, who incidentally conduct these workshops spread over 4 Sundays with telephonic assistance/handholding in the intervening week. Their success is well-documented in terms of real-time feedback from past participants.
As a first step, it would serve everyone well, even those who have adopted BSC, to do a HR SWOT. I can share a questionnaire with those who are interested. All they need to do is provide me with their email ID.
Best wishes,
R.S. Patwardhan
From India, Mumbai
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Good presentation about metrics with an explanation. I am sure Shitesh would benefit from it. However, I would like to recommend to all those HR executives/managers whose organization wants to adopt BSC for strategy development and implementation to participate in the Strategy Simplified workshop organized by MasterCard, who incidentally conduct these workshops spread over 4 Sundays with telephonic assistance/handholding in the intervening week. Their success is well-documented in terms of real-time feedback from past participants.
As a first step, it would serve everyone well, even those who have adopted BSC, to do a HR SWOT. I can share a questionnaire with those who are interested. All they need to do is provide me with their email ID.
Best wishes,
R.S. Patwardhan
From India, Mumbai
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