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Year : 2010, Volume : 2, Issue : 1
First page : ( 46) Last page : ( 53)
Print ISSN : 0976-4925. Online ISSN : 2582-6115. Published online : 2010  29.

Role of HR scorecard in enhancing HR effectiveness in indian organizations

Patrick Harold Andrew1Dr., Associate Professor & Coordinator (OB and HRM), Kumar Amit2Senior Executive

1Christ University Institute of Management, Bangalore. E Mail: haroldpatrick@christuniversity.in

2Talent Acquisition, Wipro Infotech, Bangalore, E Mail: amit.kumar63@wipro.com

ABSTRACT

The HR scorecard is a measurement as well as an evaluation system for redefining the role of HR as a strategic partner. It measures the HR function’s effectiveness and efficiency in producing employee behaviors needed to achieve an organization’s strategic goal. Given the nature of the study, there were two distinct variables involved during the course of this study - HR Scorecard & HR Effectiveness. The study explored the Hypotheses ‘Having a HR Scorecard enhances the HR effectiveness in Indian Organizations’. The research study was exploratory and qualitative in nature HR professionals from 13 organizations and nine industry sectors were sampled adopting both open ended and close ended questions.

The major findings indicated that few Indian organizations use HR Scorecard, however majority of the organizations use Balanced Scorecard instead of HR Scorecard. Strong relationship was perceived between the use of Balanced Scorecard, HR Scorecard and enhancement of HR effectiveness. Balanced Scorecard brings about changes in the organization and HR Scorecard is an additional tool. The HR scorecard sees human resource management practices as a strategic asset. The findings support the Hypothesis that ‘having a HR Scorecard enhances the HR effectiveness in Indian organizations.

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Key Words:

Balanced Score Card, HR Scorecard, HR Effectiveness, Business Strategy, Career Planning.

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