Best Practice Tools & Techniques - Sample

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Technique: Balanced Scorecard - (BSC) Human Resource (HRBSC)

Description: The Balanced Scorecard (BSC) is a tool that translates an organisation's mission and strategy into a comprehensive set of performance measures that provide the framework for a strategic measurement and management system. It is basically a visual representation of an organisation's strategy. The BSC is a way of:
- Measuring organisational, business unit or department success
- Balancing long-term and short-term actions
- Balancing different measures of success - Financial, Customer, Internal Business Processes, Human Resources Systems & Development (learning and growth),..

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