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What is an HR Scorecard and how is it implemented?

What is a HR scorecard, and what metrics should be included in this analysis? How do I implement the use of one?
Clark Schaefer Strategic HR's wheel of HR Services, including HR Strategy, Recruitment, Training & Development, Benefits & Compensation, Communications, Employee Relations, Recordkeeping, and Health, Safety & Security

The Balanced Scorecard Approach

The authors of HR Scorecard, D. Ulrich, M. Huselid, and B. Becker), coined the phrase "balanced scorecard". Learn more about this approach.