Making the 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.
 
 
About the Author

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

Article Source: http://www.simplysearch4it.com/article/21275.html
 

If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/21275.html" as shown above and make it hyperlinked.

Some other articles by Adam Smith

Spending the Millionaire Cash Flow Are you sure you want to be rich? I mean really rich? Like the kind of rich where you have so much cash flow coming in you don't even know what do with ... The One Great Way to Make Money Is there one great way to make money? The simple answer is no. In fact there are a variety of great ways to make money. Just ask Robert ... Robert Allen's Investment Property With The One Minute Millionaire, Robert Allen introduced to the world the enlightened way to accumulate millions of dollars. The book offers a number of different investment strategies ... Eviction Explained Have you ever been evicted? If you have, then you are probably all too familiar with the eviction process and the rights that both the tenant and the landlord retain throughout the eviction process. ... Creating an Interactive Map What is the real problem with charts and maps on the web? If you are like me you come across them all the time, but most of these charts and maps ... Getting to Know Your Land Contract In a real estate broker business, almost every thing revolves around land. Obviously it is hard to run a business centered around land without knowing where to acquire prime ...