Scorecard on Retention

Human Resources » Attrition and Retention

	Message From: rehaan	Total Posts: 45	Join Date: 30/10/2006
Rank: Executive	Post Date: 14/09/2008 22:22:32	Points: 225	Location: India

Hi Friends,

Any one can share any inputs on this? Even if you could direct me to some content on this site, it would be very helpful.

I am not looking at generic stuff on BSC. I am specifically looking at a BSC on retention.

Thanks and Regards,

Rehaan

	Message From: priyanka	Total Posts: 67	Join Date: 30/10/2006
Rank: Manager	Post Date: 14/09/2008 23:04:27	Points: 335	Location: India

Lets get the basics right here. Scorecard is used to manage the implementation of your strategy (even HR strategy) and as an enterprise performance management system.

If retention is an important concern / pain-point in your organisation, it needs to be included as a THEME in your organisation's business strategy (in the L&G perpsective) and/or it needs to be a very important part of your organisation's HR strategy and HR scorecard.

You cannot have a retention scorecard or a training scorecard or a succession planning scorecard, etc. All these are themes in your scorecard around which you develop strategic objectives and identify action plans to meet them.