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Explain each question in 4 or 5 sentences.
1 Explain the application of the balance scorecard in Human Capital as described in the readings. (Exerc 2, pg 4)
2. In your own words, what is the importance of Human Capital? (Exerc 2. pg 2)
3. Discuss how human capital can be managed like a strategic asset.
(Exerc 2, pg 6)
4. What are the advantages of the new SHRM approach? Explain and defend your answer. (Exerc 1, pg 1)
5. If you were an HR manager, what steps would you take to minimize the “” in your department? Refer to “selection and placement” of your readings. (Exerc 1, pg 3
6. List and explain the elements of a Workforce Scoreboard.
(Exerc 2, pg 1)
7. Name and explain the elements of HR. Give example of how it will be used in a medical or school setting. (Exerc 1, pg 2)
8. In your own words, what is the pay-off of using a balance scorecard? (Exerc 2, pg 3 and 4)
9. In your own words, define the Balanced Scoreboard method?
(Exerc. 2, pg 4)
10. What must HR do to be a true strategic partner of the company? Answer in reference to competence, consequence, governance, learning, and leadership? (Exerc 1, pg 2 and 1)
11. What are some of the questions that SHRM should be prepared to answer? (Exerc 1, pg 1)
12. Why is the balance scorecard vital in most organizations?
(Exerc 2 pg 1)