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The Workforce Scorecard: Managing Human Capital To Execute Strategy
by Mark A. Huselid, Brian E. Becker, Richard W. Beatty
Driving strategy through workforce performance In a marketplace fueled by intangible assets, anything less than optimal workforce success can threaten a firm's survival. Yet in most organizations, employee performance is both poorly managed and underutilized. The Workforce Scorecard argues that current management and human resource practices hinder employees' ability to contribute to strategic goals. To maximize the power of their workforce, organizations must meet three challenges: view their workforce in terms of contribution rather than cost; replace benchmarking metrics with measures that differentiate levels of strategic impact; and make line managers and HR professionals jointly responsible for executing workforce initiatives. Building on the proven model outlined in their bestselling book The HR Scorecard, Mark Huselid, Brian Becker, and coauthor Richard Beatty show how to create a Workforce Scorecard that identifies and measures the behaviors, competencies, mind-set, and culture required for workforce success and reveals how each dimension impacts the bottom line. Practical and timely, The Workforce Scorecard offers crucial lessons for leveraging human capital to achieve strategic success.
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ACTU Claims Most Australians Against New IR Laws
March 27 2006 - A new poll conducted for the
the Australian Council of Trade Unions (ACTU) found considerable opposition to
the Federal Government's new IR laws which came into force today. The ACTU claims that there is a general belief
that the Howard Government is acting in the interests of big business over the rights of Australian
working families.
The survey of a thousand voters was conducted in 24 key coalition held
marginal seats during late February and early March as part of the ACTU's ongoing
campaign against the new industrial relations laws.
The survey results indicated that fewer than 1 in four Australians support the
laws, with nearly 7 out of 10 believing the new IR laws will benefit big
corporations and their CEOs while damaging the imterests of ordinary families.
The main findings of the survey were:
- 72% of respondents supported unfair dismissal laws that protect workers.
- 59% believed that "the Government's new IR laws alone are
a strong reason to vote against the Government" at the next federal
election.
- 70% believed that individual contracts give too much power to employers.
- 68% thought that the new laws were strong evidence that John Howard
governs more for corporate Australia than for ordinary working
families.
- 60% felt that collective bargaining provided better job security for
employees.
- 66% believed that the IR laws were a threat to working families.
ACTU President Sharan Burrow said:
"Today, Australian working families lose unfair dismissal laws, the
strong award system, the safety net, the right to a minimum wage, laws
that protect the right to collectively bargain, and laws that have
ensured fair representation by unions at the workplace.
"The public are asking why the Government would introduce laws that are
so obviously designed to take working families wages and conditions
backwards, and to remove basic rights for workers at the workplace.
"Despite $50 million of Government advertising and a year of spin, the
public is aware that the Government is introducing these laws to
benefit big business at the expense of ordinary working families."
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