Summary of Brian E. Becker, David Ulrich & Mark A. Huselid's The HR Scorecard - E-book - ePub

Please note: This is a companion version & not the original book. Sample Book Insights: #1 The human resources architecture of a company is the sum of the HR function, the broader HR system, and the resulting employee behaviors. It is difficult to measure the influence of HR on a company's performance, because HR's strategic assets are difficult to copy. #2 The problem with HR is that its impact on firm strategy is difficult to see.
However, this is also what makes it a prime source of sustainable competitive potential. Human resource managers must understand the firm's strategy and the implications of that strategy for HR. #3 The most effective way for HR managers to contribute to the firm's strategy is to develop a measurement system that demonstrates the impact of HR on business performance. #4 Strategic partnering with the HR department is not just a way for HR practitioners to justify their existence, but also a way for them to add value.
If the HR function can't show that it adds value, it risks being outsourced.