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	HR - Balanced Scorecard.doc
	Rating:		Price: $10.99
	At A Glance
	The purpose of the Balanced Scorecard is to link people, strategies, and performance. The use of the scorecard provides a common framework and is designed to enable cascading of objectives and promote alignment between multiple departments or functional areas.
	Background
	Developing a tool that reinforces a company's strategy is very important to ensure all employees know and understand their roles in helping the company to achieve its mission and long-term direction. The Balanced Scorecard helps managers develop a comprehensive set of actions and measures to assess the strategic impact of their department relative to the overall company. Using the Organizational Capability Planning worksheet will help you better determine the current capabilities of your department or organization relative to those capabilities needed to successfully meet the established objectives.
	Benefits
	Using this tool, you will have a concise, one-page document detailing the objectives, tactics, and measures needed to successfully meet the annual goals established for a given department.
	Time ROI
	It takes on average 6 hours to consolidate the appropriate information and develop a template for use when capturing a company's annual strategic plan. By using MyWorkTools.com, you will save approximately 3 hours developing the template but will need to spend as much as 2 weeks developing the actual objectives and metrics. THIS IS NOT A SINGLE EVENT BUT AN ON-GOING EXERCISE.

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