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    SHR Tools

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    sayali
    Strategic SHR Tools: Strategy map, HR Scorecard, Digital Dashboards.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    SHR Tools

    Uploaded by

    sayali
    408 views11 pages
    Strategic SHR Tools: Strategy map, HR Scorecard, Digital Dashboards.

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    SHR tools

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    © © All Rights Reserved

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    Strategic SHR Tools: Strategy map, HR Scorecard, Digital Dashboards.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    408 views11 pages

    SHR Tools

    Uploaded by

    sayali
    Strategic SHR Tools: Strategy map, HR Scorecard, Digital Dashboards.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 11

    Strategic Human Resource

    Management Tools

    -Miss. Sawant Sayali Pradiprao.


    MBA II Roll no: 44
    KBPIMSR, Satara.
    STRATEGIC HR TOOLS:
    Strategic Human Resource Management Tools,
    Managers use several tools to translate the
    company’s strategic goals into human resource
    management policies and practices. These tools
    include,
    STRATEGIC HRM TOOLS

    STRATEGY MAP THE HR SCORECARD DIGITAL DASHBOARDS


    STRATEGIC HRM TOOLS

    • The strategy map provides an overview of how


    each department’s performance contributes to
    achieving the company’s overall strategic goals.
    • Summarizes how each department’s performance
    contributes to achieving the company’s overall
    strategic goals.
    • It helps the manager and each employee visualize
    and understand the role his or her department
    plays in achieving the company’s strategic plan.
    Example:
    • a strategy-map example for Southwest Airlines. The top
    level target is to achieve its profitability, costs, and revenue
    goals. Then the strategy map shows the chain of activities
    that help Southwest Airlines achieve these goals.
    Like Wal-Mart, Southwest has a low-cost-leader strategy.
    • So, for example, to boost revenues and profitability
    Southwest must fly fewer planes (to keep costs down),
    maintain low prices, and maintain on-time flights. In turn
    (further down the strategy map), on-time flights and low
    prices require fast turnaround. This, in turn, requires
    motivated ground and flight crews. The resulting strategy
    map helps each department under stand what it needs to
    do to support Southwest’s low-cost strategy.
    STRATEGIC HRM TOOLS

    • It refers to a process for assigning financial and non


    financial goals to the human resource management-
    related chain of activities required for achieving the
    company’s strategic aims and for monitoring results .
    • Many employers quantify and computerize the strategy
    map’s activities. The HR scorecard helps them to do so.
    The HR scorecard is not a scorecard.
    • The idea is to take the strategy map and to quantify it.
    • Managers use special scorecard software to facilitate
    this. The computerized scorecard process helps the
    manager quantify the relationships between
    (1) the HR activities (amount of testing, training, and so
    forth),
    (2) the resulting employee behaviours (customer
    service, for instance), and
    (3) the resulting firm-wide strategic outcomes and
    performance (such as customer satisfaction and
    profitability).
    • The HR scorecard derives from the “balanced
    scorecard” planning approach, which aims to balance
    hard data such as financial measures with soft data
    such as customer satisfaction in assessing a company’s
    performance.
    STRATEGIC HRM TOOLS

    • A digital dashboard presents the manager with desktop


    graphs and charts, showing a computerized picture of
    how the company is doing on all the metric from the
    HR Scorecard process.
    • The saying “a picture is worth a thousand words”
    explains the purpose of the digital dashboard.
    • A digital dashboard presents the manager with desktop
    graphs and charts, showing a computerized picture of
    how the company is doing on all the metrics from the
    HR scorecard process.
    8

    © 2008 Prentice Hall, Inc. All rights reserved.


    Example:
    • As in the accompanying illustration, a top
    Southwest Airlines manager’s dashboard
    might display real-time
    trends for various strategy-map activities, such
    as fast turnarounds and on-time flights. This
    enables the manager to take corrective action.
    For example, if ground crews are turning
    planes around slower today, financial results
    tomorrow may decline unless the manager
    takes action
    Thank you..

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