Index:1. Introduction2. Competency Mapping: Understanding the Foundation a. Definition and Importance b. Key Elements of Competency Mapping3. Balanced Scorecard: Creating a Holistic Performance Measurement System a. Overview and Purpose b. Four Perspectives of the Balanced Scorecard4. Real-Life Examples of Competency Mapping and Balanced Scorecard Implementation a. International Case Studies i. General Electric (GE) ii. Toyota…
Introduction: In today’s fast-paced and dynamic business environment, the strategic role of human resource management (HRM) has become increasingly vital. HRM goes beyond mere administrative tasks; it plays a crucial role in shaping and aligning an organization’s workforce with its strategic goals. This blog explores the significance of HRM in driving success within the modern…