{"product_id":"a-critical-analysis-of-the-balanced-scorecard-with-special-consideration-to-its-implications-for-hrm-and-hr-policy-von-michael-hoffmann","title":"A critical analysis of the Balanced Scorecard - with special consideration to its implications for HRM and HR-policy","description":"\u003cp\u003eMaster's Thesis from the year 2007 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, London School of Economics and Political Science, language: English, abstract: The Balanced Scorecard is designed and implemented as a strategic management and measurement system. It uses a broad range of innovative indicators and enfolds the overall strategy. Especially, it has extensive implications on human resource processes and its strategic orientation within a company. The development and implementation of a complete BSC is associated with the parallel adoption of a high-performance-work-system and a long-term orientated HR-strategy. With support of the BSC, human resource management becomes a partner with business, which manages its employees as adding value assets and includes HRM in business strategy. HRM gains in importance and makes an essential contribution to the business-wide human resource and organisation development. Empirical results show that it is possible to successfully implement the BSC and the involved long-term orientated HR-strategy in both already long-term and stakeholder orientated enterprises and previously short-term and shareholder orientated companies. Different researchers verified that the implementation of a BSC by simultaneous use of a HPWS is associated with an essential improvement of business performance and development as well as better financial results and higher profitability.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783640119486\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783640119486","offer_id":39429580849245,"sku":"9783640119486","price":18.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/2b224d7d-4870-4b2e-b404-ee17a4df29ab.jpg?v=1777610738","url":"https:\/\/shop.autorenwelt.de\/en\/products\/a-critical-analysis-of-the-balanced-scorecard-with-special-consideration-to-its-implications-for-hrm-and-hr-policy-von-michael-hoffmann","provider":"Autorenwelt Shop","version":"1.0","type":"link"}