HR Scorecard Training

Overview

HR Scorecard

Objective: This course aims to provide participants with hands-on experience and practical knowledge in utilizing HR scorecards effectively in real-world organizational settings. By the end of the course, participants will not only understand the theoretical concepts but will also be proficient in applying them through transactional training methods, ensuring practical learning outcomes.

• The HR scorecard isn't exclusive to the HR department; this is a common misconception.
• HR oversees the performance of the entire organization, not just its own department.
• HR strategies are connected to both departmental and individual scorecards.
• The role of HR has evolved from routine administration to requiring business acumen, encompassing strategic management from macro to micro levels.

Target Audience: This course caters to both students and HR professionals keen on mastering the intricacies of human resource scorecards. It's tailored not only for those new to the concept but also for seasoned HR scorecard practitioners eager to elevate their expertise and proficiency in its application.

Course Outline / Syllabus:

Module 1: Introduction to HR Scorecards and Organizational Metrics

• Unit 1: Introduction to Scorecards
  • Definition of Scorecard
  • Importance of Scorecard
  • Characteristics of Scorecard
  • Examples of each characteristic of a Scorecard
  • Case studies and MCQs
• Unit 2: Organizational, Goals and Strategies
  • Definition of Organization
  • Components of an Organization
  • Contribution of Components to Organizational Value
  • Organization goals
  • Organization strategies 
  • Departments 
  • Shared strategies 
  • Shared scorecard toward organization goals 
  • Case studies and MCQs
• Unit 3: Balanced and Organization Scorecards
  • Understanding the Balanced Scorecard
  • Balanced Scorecard perspectives 
  • Types of Organization scorecard
  • Examples of Organization scorecard
  • Organization scorecard perspectives and Metrics
  • Case studies and MCQs

Module 2: Deep Dive into HR Scorecard

• Unit 1: HR KRAS AND KPIs
  • Understanding and Defining KRA and KPIs
  • Key KRAs with its KPIs
  • Analysing the Effect of HR KPIs
  • Lagging and leading indicators 
  • Examples of Lagging and leading indicators with calculation and formulas 
  • Case studies and MCQs
• Unit 2: Understanding HR Scorecards
  • Concept and Purpose
  • Department / Positions wise in HR Scorecard
  • HR Scorecard Framework Components
  • Case studies and MCQs
• Unit 3: Developing HR Metrics and Measures
  • Overview of Metric Development
  • Identifying and Defining HR Metrics
  • Principles of Selecting and Designing HR Metrics
  • Linking HR Metrics to Business Strategy
  • Case studies and MCQs
• Unit 4: Implementing HR Scorecards
  • Stakeholder Identification and Engagement
  • Developing Communication and Feedback Plans
  • Overcoming Implementation Challenges
  • Case studies and MCQs

Module 3: Analysing and Interpreting HR Scorecards

• Unit 1: Analysing HR Scorecard Results
  • Different Types of HR Scorecard Reports
  • Data Integrity and Visualization and analytics
  • Analysing and Interpreting Results
  • Using HR Scorecard for Decision-Making
  • Case studies and MCQs

Module 4: HR Scorecard Reporting and Actions

• Unit 1: HR Reporting and Actions 
• COMPONENTS OF HR SCORECARD REPORTING
• HR scorecard reporting
• examples for each point
• Actions After reporting the HR scorecard
• examples for each point
• Case studies and MCQs

Module 5: HR Scorecard Regarding Labor Laws in India (Very important)

• Unit 1: Overview of Labor Laws
• Compliance with laws and labor laws
• Laws-HR as custodian of compliances, not only labor laws but all laws pertaining to organizations
• Labor Laws: HR Focus
• List of Labor Laws and tracker
• Applicability of Each Labor Law
• Case studies and MCQs
• Unit 2: Key Sections of Labor Laws
  • Important Sections from Major Labor Laws
  • Case studies and MCQs
• Unit 3: Compliance and Documentation
  • Common Returns and Forms Required under Labor Laws
  • Case studies and MCQs