HR Scorecard: Aligning People, Strategy, and Performance
HR Scorecard Aligns People, Strategy, and Performance Organizations consist of people who perform the needed work for them. Also, such work is determined by the strategies that the organizations plan for the year or quarter ahead. Thus, it can be said that...
How Using the HR Scorecard Creates Long Term Value for Organizations
Shorter Term Targets and the HR Function Typically, the Human Resources (HR) function is supposed to operate on short-term targets such as the number of people hired for different positions and within the targets set in the short term. For instance, in...
Implementation of Training Programs and Their Evaluation
Many organizations have extensive training programs that cover all aspects of technical and soft skills. These trainings are conducted in such a way that employees get a mandatory number of hours of training every quarter or year. This is done to ensure...
What Should Companies do to Actualize Collective Knowledge Management
The Internal Dilemma of Employees Unwilling to Share Knowledge Managing the accumulated and discrete knowledge in an organization can be tricky. For instance, organizations might have knowledge about processes and projects that are distributed across the organization and not collated and centralized...
How to Build a Successful Knowledge Management System
Example of a Successful Knowledge Management System: Infosys The previous articles in this module introduced the term knowledge management and presented some real world examples of how knowledge management works in contemporary organizations. This article examines the ways and means to build...
How the Armed Forces Actualize Management Excellence
The Reason why the Military Pioneers Innovations It has often been said that the Military and the Armed Forces in the developed West pioneered many technological and managerial innovations that subsequently helped the corporate sector in those countries. For instance, the Internet...
How Silicon Valley Firms are Implementing Innovative Human Resources Policies
In recent years, many Information Technology and Software firms in the Silicon Valley area have been implementing innovative Human Resources (HR) policies that are aimed at creating an engaging workplace culture and actualizing a work environment that is fulfilling and rewarding. Starting...
How Technology Can Help in Collection of Metrics for the HR Scorecard
The HR Scorecard Relies on Data The HR Scorecard is a data and metrics-driven tool that relies heavily on the collection of such data and metrics. Thus, it can be said that the HR Scorecard thrives on data and metrics. While data...
How to Choose Electives and Optional Courses in Line With Building Ones Profile
Strategic Choice of Electives and Optional Courses Often, students in business schools wonder about the kind of electives and optional courses that they must take. For instance, it is a no-brainer when electives for majoring a particular specialization are concerned. If one...
How to Develop a Long Term Perspective
The Temptations of Living in the Present and the Perils of Forgetting the Future The digital revolution has accelerated change and has induced in us a tendency to live for the moment without thinking of the longer term consequences. As we are...