Balanced Scoreacard: Strategic human resource management applications

ABSTRACT Today's most successful companies have realized that human capital represents the only real sustainable competitive advantage. Organizations that use the Balanced Scorecard to align their human capital with their strategy have achieved both bottom line and strategic results. From an ongoing study of the Balanced Scorecard offers a framework to manage and measure human capital and provides an integrated strategic planning process for human resource. This paper presents new strategic human resource program, and this programs include human resource strategy maps, human capital, organizational capital readiness reports and their development programs offer a solution for strategic management model. In the last phase of study human resource technologies, competencies and climate for human resource action are examined and applied to new strategic human resource model. Key words: strategy, balanced scorecard, strategic human resource management, human resource function, strategy map, performance management, strategic management VIII