Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Book chapter
-
Reference no. 1526BC
Chapter from: "The HR Scorecard: Linking People, Strategy, and Performance"
Published by: Harvard Business Publishing
Published in: 2006

Abstract

A new economic paradigm has, in recent years, focused on human capital and intangible assets as the most important, though perhaps least understood, factors in determining business performance. Advocating a High Performance Work System to maximize the quality of human capital, and a move from individualistic (or 'bottom-up') to systematic (or 'top-down') thinking, The HR Scorecard builds on the Balanced Scorecard approach to develop a measurement system that will demonstrate the connections between HR architecture and shareholder value, securing a strategic role for HR. This chapter serves as an introduction to the book's central concepts. This chapter is excerpted from ‘The HR Scorecard: Linking People, Strategy, and Performance'.

About

Abstract

A new economic paradigm has, in recent years, focused on human capital and intangible assets as the most important, though perhaps least understood, factors in determining business performance. Advocating a High Performance Work System to maximize the quality of human capital, and a move from individualistic (or 'bottom-up') to systematic (or 'top-down') thinking, The HR Scorecard builds on the Balanced Scorecard approach to develop a measurement system that will demonstrate the connections between HR architecture and shareholder value, securing a strategic role for HR. This chapter serves as an introduction to the book's central concepts. This chapter is excerpted from ‘The HR Scorecard: Linking People, Strategy, and Performance'.

Related