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 (A)
The HR Scorecard process uses only financial metrics to measure performance.
The HR Scorecard process uses only financial metrics to measure performance.
False (B)
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 (A)
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.
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.
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.
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.
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.
The HR Scorecard process uses only HR Metrics to measure performance.
The HR Scorecard process uses only HR Metrics to measure performance.
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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