Podcast
Questions and Answers
The Strategy Map HR Scorecard is a tool used to visualize the role of each department in achieving a company's strategic plan.
The Strategy Map HR Scorecard is a tool used to visualize the role of each department in achieving a company's strategic plan.
True
The HR Scorecard process uses only financial metrics to measure performance.
The HR Scorecard process uses only financial metrics to measure performance.
False
Talent analytics is a term used to describe the application of data analytics to HR issues.
Talent analytics is a term used to describe the application of data analytics to HR issues.
True
The Strategy-Based Metrics focus on measuring the activities that contribute to achieving a company's financial goals.
The Strategy-Based Metrics focus on measuring the activities that contribute to achieving a company's financial goals.
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A 0.1% increase in employee engagement led to a $100,000 rise in a Best Buy store's annual operating income.
A 0.1% increase in employee engagement led to a $100,000 rise in a Best Buy store's annual operating income.
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The Digital Dashboard presents the manager with a paper-based picture of how the company is doing on all the metrics from the HR Scorecard process.
The Digital Dashboard presents the manager with a paper-based picture of how the company is doing on all the metrics from the HR Scorecard process.
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The Strategy Map HR Scorecard helps the manager quantify the performance of each department.
The Strategy Map HR Scorecard helps the manager quantify the performance of each department.
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Hours of training per employee is an example of a quantitative gauge of a HRM activity.
Hours of training per employee is an example of a quantitative gauge of a HRM activity.
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The HR Scorecard process uses only HR Metrics to measure performance.
The HR Scorecard process uses only HR Metrics to measure performance.
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Talent analytics is a term used to describe the use of data to measure employee engagement.
Talent analytics is a term used to describe the use of data to measure employee engagement.
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