Hi gurus, can anybody tel me what is the difference between HR Scorecard and Balance Scorecard. Vishnu
From France, Versailles
Balance Scorecard is a tool to provide the stakeholders/Management a measure on how the organisation is progressing to acheive its goals.
In a similar fashion, the HR Scorecard help you measure,monitor and report HR KPI's and help HR identify how they contribute in achieving Organisation's goals.


KRA is Key result areas which are generally in broad perspective, the demand outcome from the job it self.
KPI - is the indicators to measure the KRA and KPA
For e.g.
Staffing and recruitment is one of the KRA
KPA is closing open vacancies within time frame
KPI for this KRA is closing vacancies within 02 months.
Hope it will clarify your doubts.
Vipul

From India, Thana
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