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 The Successful Workforce

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كاتب الموضوعرسالة
مامون العجلوني

مامون العجلوني


عدد الرسائل : 45
تاريخ التسجيل : 02/04/2008

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مُساهمةموضوع: The Successful Workforce   The Successful Workforce Icon_minitime1الإثنين أبريل 07 2008, 05:18

[BOOKS]
The Successful Workforce
!n most businesses, workforce success is both the most
important and most underperforming asset that CEOs and
senior managers can influence directly. Workforce management
is the most important element of organizational
capital because it constitutes the strategic lever with the
greatest opportunity for improved performance. As firms
compete more and more for knowledge capital and "brainware,"
an organization's workforce is its single most important
renewable source of competitive advantage. The right
human resources (HR) management systems can enhance
strategic capabilities, in turn driving firm success.
The Workforce Scorecard, by Mark Huselid, Brian Becker,
and Richard Beatty, offers specific, concrete guidance
on what matters most with HR investments. These investments
should help execute strategy through the culture,
mind-set, capabilities, and behaviors created. The aim of
the book is to bridge the gap between the development of
a business strategy and its implementation through people-
in other words, how strategy can be successfully exe-
Foreword by Dave Ulrich
THE
WORKFORCE
SCORECARD
Managing
Human Capital to
Execute Strategy
cuted.The related scorecard
becomes a dashboard
for gauging a firm's strategic
success. The authors'
core finding is that meaningful
improvements in
high-performance HR management
systems can produce
a 10%-15% increase
in shareholder value.
There are three main
challenges for successful
workforce measurement
and management:
1. Perspective. Do
managers understand how workforce capabilities and
behaviors drive strategy execution?
2. Metrics. Have the right measures of workforce success,
leadership, and workforce continued on next page
MARK A. HUSELID
BRIAN E. BECKER
• . ••, i., ••( The HR Scorecam
RICHARO W. BEATTY
[IMA NEWS]
Glen E. Woodson, 1925-2006
Glen E. Woodson, former president of the National Association
of Accountants (now Institute of Management
Accountants (IMA®)) died at his home in
Lake Placid, Ela., at the age of 81.
Born in Cleveland, Ohio, Woodson served
in the Army during World War 11 and
earned a B.S. degree in accounting fi-om
Kent State University after he was discharged.
He held accounting and financial
positions at Ford Motor Co., SKF Industries,
and Libb>'-Owens-Ford before moving to
Arnold C "'hie Industries in 1969 as vice
finance and administration,
^odson and two friends formed
usiness forms company in 1971, it became
:iat he wasn't just a crackerjack accountant but
preside
Whe:
their
app
also a natural entrepreneur. He went on to start other
businesses, building their value up and then selling them.
The secret to his success, as he told Management
Accounting when he was elected president,
"I always feh I had a little bit of marketing
inside me—that does not make me
the t)'pical accountant...You've got to be
able to roll the dice a little bit. If you can't
do that, then you probably shouldn't make
the move into your own specific business."
Woody, as he was known to his friends
and colleagues, joined the Akron Chapter of
the Association after graduation from Kent
State. Chapter members elected him president
for the 1960-1961 term, where he led his chapter to
victory, winning the Steven- connnued on next page
June 2 0 0 6 STRATEGIC FINANCE 27
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