A STUDY ON DESIGNING HR SCORECARD WITH SPECIAL REFERENCE TO AN AUTO-COMPONENT MANUFACTURING COMPANY

Authors

  • Dr. S. Sundararajan Associate Professor, Faculty of MBA Department, Sankar Institute of Management Science, Tamil Nadu, India.
  • Dr. B. Sudhakar Director, Sankara Institute of Management Science, Tamil Nadu, India.

Keywords:

DESIGNING, HR SCORECARD, AUTO-COMPONENT, ANUFACTURING COMPANY

Abstract

The essence of the competitive advantage has shifted from tangible assets to intangible ones. The focus is now on human capital and its effective alignment with the overall strategy of organizations. This is a new age for Human Resources. The entire system of measuring HR’s contribution to the organization’s success as well as the architecture of the HR system needs to change to reflect the demands of succeeding in the new economy. The HR scorecard is a measurement as well as an evaluation system for redefining the role of HR as a strategic partner. It is based on the Balanced Scorecard framework developed by Kaplan and Norton and is set to revolutionize the way business perceives HR. In this study, the researcher has attempted to design the HR scorecard for an auto component manufacturing industry in Coimbatore. In the process, it develops an evaluation framework based on the HR scorecard methodology and creates a HR scorecard system to measure the performance of the private manufacturing unit.

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Published

2018-12-31

How to Cite

Dr. S. Sundararajan, & Dr. B. Sudhakar. (2018). A STUDY ON DESIGNING HR SCORECARD WITH SPECIAL REFERENCE TO AN AUTO-COMPONENT MANUFACTURING COMPANY. International Journal of Logistics & Supply Chain Management Perspectives, 7(04), 3468–3482. Retrieved from https://lscmp.com/index.php/lscmp/article/view/18

Issue

Vol. 7 No. 04 (2018): OCT-DEC

Section

Articles

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Published by Licensee GFER Publishers. Copyright: © the author(s). This article is an open access article distributed under the terms andconditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).