Research Proposal on Waste Elemenation to Maximize Profits
UWIC
EVEN THOUGH THE DEPARTMENTS ACHIEVE THEIR KPI’S AT SCL LTD, THE COMPANY FAILS TO ACHIEVE THE BUDGETED BOTTOM LINE OF THE P&L, WHY?.
H.H. Channa Gunasekara.
3/18/2013
In SCL Ltd, Even though almost all of the departments achieve their individual goals; the company fails to achieve the budgeted bottom line of their P&L. Last financial year (2011/2012) the achievement level was 81%, even though the industries norm is around 90-95%. Ideally, the financial performance of SCL Ltd also should be at least within the industry norm or above. The focus of this project is to study the factors affecting the deficit of the bottom line performance of SCL Ltd
TABLE OF CONTENTS.
Page #.
1- TITLE 2
2- INTRODUCTION/ BACKGROUND. 2
3- PROBLEM IDENTIFICATION. 3
4- PROBLEM JUSTIFICATION. 3
5- RESEARCH PROBLEM. 4
6- RESEARCH OBJECTIVES. 4
7- LITERATURE REVIEW . 4
7.1- Performance Evaluation System 5
7.2- Failure of Performance Appraisal System 6-7.
7.3- Using Key Performance Indicators to Increase Productivity and Profitability 8-9.
7.4- Why goal setting is important to achieve financial success?. 10-12.
7.5- Other Methods of Strategic Planning and Management. -
Balanced Scorecard 13-16.
8. RESEARCH METHODOLOGY. 17
9. LIST OF REFERENCES. 17-18.
1. TITLE -
EVEN THOUGH THE DEPARTMENTS ACHIEVE THEIR KPI’S AT SCL LTD, THE COMPANY FAILS TO ACHIEVE THE BUDGETED BOTTOM LINE OF THE P&L, WHY?.
2. INTRODUCTION/ BACKGROUND.
Apparel industry is one of the pioneering industries in Sri Lanka and it contributes to the countries economy in a significant manner. The author has selected one apparel manufacturing company and in this research will call it as SCL Ltd to retain its anonymity. SCL Ltd was established in year 1982 and since then they were in the business of apparel manufacturing. Its mother company is in UK. Their business is
EVEN THOUGH THE DEPARTMENTS ACHIEVE THEIR KPI’S AT SCL LTD, THE COMPANY FAILS TO ACHIEVE THE BUDGETED BOTTOM LINE OF THE P&L, WHY?.
H.H. Channa Gunasekara.
3/18/2013
In SCL Ltd, Even though almost all of the departments achieve their individual goals; the company fails to achieve the budgeted bottom line of their P&L. Last financial year (2011/2012) the achievement level was 81%, even though the industries norm is around 90-95%. Ideally, the financial performance of SCL Ltd also should be at least within the industry norm or above. The focus of this project is to study the factors affecting the deficit of the bottom line performance of SCL Ltd
TABLE OF CONTENTS.
Page #.
1- TITLE 2
2- INTRODUCTION/ BACKGROUND. 2
3- PROBLEM IDENTIFICATION. 3
4- PROBLEM JUSTIFICATION. 3
5- RESEARCH PROBLEM. 4
6- RESEARCH OBJECTIVES. 4
7- LITERATURE REVIEW . 4
7.1- Performance Evaluation System 5
7.2- Failure of Performance Appraisal System 6-7.
7.3- Using Key Performance Indicators to Increase Productivity and Profitability 8-9.
7.4- Why goal setting is important to achieve financial success?. 10-12.
7.5- Other Methods of Strategic Planning and Management. -
Balanced Scorecard 13-16.
8. RESEARCH METHODOLOGY. 17
9. LIST OF REFERENCES. 17-18.
1. TITLE -
EVEN THOUGH THE DEPARTMENTS ACHIEVE THEIR KPI’S AT SCL LTD, THE COMPANY FAILS TO ACHIEVE THE BUDGETED BOTTOM LINE OF THE P&L, WHY?.
2. INTRODUCTION/ BACKGROUND.
Apparel industry is one of the pioneering industries in Sri Lanka and it contributes to the countries economy in a significant manner. The author has selected one apparel manufacturing company and in this research will call it as SCL Ltd to retain its anonymity. SCL Ltd was established in year 1982 and since then they were in the business of apparel manufacturing. Its mother company is in UK. Their business is
References: • Archer North & Associate. (1998). Performance appraisals. Available: www.slideshare.net/kiren82/performance-appraisals-8610427. Last accessed 16th March 2013. • Bauer Kent . (September, 2004). KPI’s The Metrics that Drive Performance Management. Information Management Magazine. N/A (N/A), N/A. • Capko Judy (2003). 5 steps to a performance Evaluation System. Available : http://www.aafp.org/fpm/2003/0300/p43.html N/A. 43-48. 2003 Mar;10(3):43-48. Last accessed 11th March 2013.. • Cobbold, I., Lawrie, G. (2002). The Development of the Balanced Scorecard as a Strategic Management Tool. Performance Measurement Association. N/A (N/A), N/A. • ADMIN. (2011). Tips on Financial Planning. Available: http://consultantinvestor.com/ten-tips-for-managing-your-finances/tips-on-financial-planning/. Last accessed 16th March 2013. • N/A. Balanced Scorecard Basics. Available: http://www.balancedscorecard.org /bscresources/aboutthebalancedscorecard/tabid/55/default.aspx. Last accessed 14th March 2013. • N/A. (N/A). Lancaster Landmark Hotel Group Customer Case Study.Available: http://www.successfactors.com/en_us/download.html?a=/content/dam/successfactors/en_us/resources/case-studies/lancaster-landmark-cs.pdf. Last accessed 05th March 2013. • N/A. (2012). Key Performance Indicator. Available: http://website-tools.net/google-keyword/site/www.ibisassoc.co.uk. Last accessed 05th March 2013. • N/A. (2013). 9 Steps to Define your Goal Destination and Devise a Plan to Get There. Available: http://www.lifehack.org/articles/lifehack/9-steps-to-define-your-goal-destination-and-devise-a-plan-to-get-there.html. Last accessed 05th March 2013. • N/A. (2012). Effects of Performance Appraisal on Employee Attitudes.Available: http://referaty.atlas.sk/cudzie-jazyky/anglictina/15834/?print=1. Last accessed 05th March 2013.