Preview

“A critical analysis of Balanced Scorecard as a performance measurement tool: an overview of its usage and sustainability”

Powerful Essays
Open Document
Open Document
10507 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
“A critical analysis of Balanced Scorecard as a performance measurement tool: an overview of its usage and sustainability”
A critical analysis of Balanced
Scorecard
as a performance measurement tool: an overview of its usage and sustainability

TABLE OF CONTENTS

A iti al a alysis of Bala ed “ o e a d as a pe fo

a e

easu e e t tool: a o e ie of its usage a d sustai a ility

TOPICS

LETTER OF TRANSMITTAL
DECLARATOIN
ACKNOWLEDGEMENT
ABSTRACT

CHAPTER
ONE

CHAPTER
TWO

CHAPTER
THREE

CHAPTER
FOUR

INTRODUCTION

PAGE i ii iii iv-v

4-7

1.1 Background of the study
1.2 Objective of the study
1.3 Scope of the study
1.4 Methodology
1.5 Limitations of the study
BALANCED SCORECARD

5
5
5
6
7
8-15

2.1 Overview of the Balanced Scorecard (BSC)
2.2 Objective
2.3 Design
2.4 Original design method
2.5 Improved design method
2.6 Popularity
2.7 Variants and alternatives
CRITICAL ANALYSIS ON THE CONCEPT &
USING
OF
BALANCED
SCORECARD
WHETHER IT IS THE UNIVERSAL SOLUTION
FOR THE BUSINESS MANAGEMENT?
3.1 Crucial investigation of the concept and using of
Balanced Scorecard
3.2 A comprehensive new approach for the measurement and management
3.3 Is the Balanced Scorecard a universal key to the business management?
3.4 Balanced Scorecard: a question of conjecture and application CHAPTER FOUR: THE SUSTAINABILITY OF
THE BALANCED SCORECARD
4.1 The Balanced Scorecard: an instrument for sustainability management
4.2 Different possible approaches of integrating environmental and social aspects
4.3 The process of formulating a sustainability Balances
Scorecard

9-11
12
12-13
13
14
14
14-15
16-25

1

17-21
21-22
22-23
23-25
26-32

27-28
28-30
31-32

A iti al a alysis of Bala ed “ o e a d as a pe fo

CHAPTER
FIVE

a e

easu e e t tool: a o e ie of its usage a d sustai a ility

FINDINGS

33-36

5.1 Balanced Scorecard links the performance measurement for better business management and it is an universal solution

34

5.2 The sustainable Balanced Scorecard

34

5.3 Why sometimes BSC



References: 1) Aaker, D., 2000. "The Financial Information Content of Perceived Quality". Journal of Marketing, pp.191-201. 2) Ahn, H., 2001. "Applying the balanced scorecard concept: an experience report". 3) Alford, A., 1992. "The Effect of the Set of Comparable Firms on the Accuracy of the Price-Earning Valuation Model" 4) Amir, E., 1996. "Value - Relevance of Nonfinancial Information: The Wireless Communications Industry" 5) Anderson, E., 1997. "Customer Satisfaction, Market Share, and Profitability: FIndings from Sweden" 6) Anthony, R., 1965. planning and Control Systems: A Framework for Analysis of the BSC 7) Arthu, A., 1994. Customer Satisfaction Strategies and Tactics. Chicago: Arthur Anderson. 8) Ashworth, G., 1999. "Delivering shareholder value – through integrated performance management" 9) Atkinson, G., 2000. "Measuring corporate sustainability". Journal od Environmental Planning and Management, 43(2), pp.235-52. 10) Bainbridge, C., 1996. Balancing Act. Management Consultency, pp.30-33. 11) Banker, R., 1998. "An Empirical Investigation of an Incentive Plan Based on Non financial Performance Measures" 12) Barth, M., 1994. "Estimation and Market Valuation of Environmental Liabilities Relating to Superfund Sites" 13) Beaver, W., 1999. "What Determines Price-Earnings Ratios?" Financial Analysts Journal, pp.65-76. 14) Bertrand, K., 1989. "Putting Customers First". Business Marketing, pp.30-34. 15) Bewer, P., 2003. "Putting the strategy into the balanced scorecard". International Federation of Accountants. 16) Bewer, A., 2004. "Putting strategy into the balanced scorecard". Articels of Merit Competition. 17) Birchard, B., 1995. "Making incount". CFO the Magazine for Senior Financial Executives, pp.42-51. 18) Booth, R., 1996. Accountants do it by proxy. Management Accounting, p.48. 19) Bowbrick, P., 1992. The Economics of Quality, Grades and Brands. New York: Routledge. 20) Box, G., 1994. "An Analysis of Transformations". Journal of the Royal Statistical and Society, pp.211-52. 21) Brain, C., 2005. Using of the BSC. New York: Brain & C. 22) Brown, M.G., 1994. "Is your measurement system well balanced?" Journal for Quality and Participation, pp.6-11. 23) Bushman, R., 1996. "CEO Compensation: The Role of Tindividual Performance Evaluation" 24) Chenhall, R., 2002. "Integrative strategic performance measurement systems: strategy, strategic alignment of manufacturing, learning and organisational 28) Deloitte, T., 1994. "Performance Measurement". Working Paper. 29) Edvinsson, L., 1997. "Intellectual Capital: Realizing Your Company 's True Value by Finding Its Hidden Brainpower" 30) Epstein, M., 1996. Measuring Corporate Environmental Performance: Best Practices for Costing and Managing an Effective Environmental Strategy 31) Fahrabach, M., 2000. "Strategische Umweltcontrolling mit Hilfe der Balanced Scorecard"

You May Also Find These Documents Helpful

  • Good Essays

    GS Assingment Packet

    • 11521 Words
    • 46 Pages

    Apply tools for overcoming obstacles and tools of connection to various business and personal scenarios.…

    • 11521 Words
    • 46 Pages
    Good Essays
  • Satisfactory Essays

    Apply the tools for overcoming obstacles and the tools of connection to various business and personal scenarios.…

    • 389 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    This unit is about the skills and knowledge needed by the IT User to plan and review their use of predefined or commonly used IT tools for activities that are at times non-routine or unfamiliar. As a result of reviewing their work, they will be able to identify and use automated methods or alternative ways of working to improve productivity.…

    • 1309 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Annotated Bibliography

    • 944 Words
    • 4 Pages

    source are explanations of how these tools are used and the reason for choosing or…

    • 944 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Miss

    • 655 Words
    • 3 Pages

    How and where should technology be used for your own development, the development, supervision and appraisal of your workers and the development of the provision?…

    • 655 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Technique, discussed by James Ellul in The Technological Society, is an ideological mode of thinking or problem solving with two main goals in mind, rationalization and efficiency. Ellul defines technique as “[integrating the machine into society… it constructs the kind of world the machine needs and introduces order… It clarifies, arranges, rationalizes… Technique is sparing in the use of machines… It places machines exactly where they ought to be and requires of them just what they ought to do.” In other words, technique arranges society to the “one best way” of doing a task, having absolute efficiency in every field of human activity. Often, technique and technology go hand in hand because of the efficient nature of technology. However, when analyzing technique, it can be determined that in the pursuit of rationalization and efficiency there are implications, or something must be sacrificed. In Amazon Unpacked, by Sarah O’Connor, O’Connor identifies several…

    • 1110 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    omar

    • 288 Words
    • 2 Pages

    1b. Reflection on the use of the electronic tools: Moodle, Mahara, MyAthens, Turnitin, online resources.…

    • 288 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Strategic Analysis of Hp

    • 5380 Words
    • 22 Pages

    Hewlett Packard is the World’s largest PC Maker that is serving in more than 107 countries. HP has six divisions, amongst which the Personal Systems Group (PSG) is the largest that has generated almost $43 billion in the last year. The stake of HP’s Personal Computer market is in danger due to declining sales and miniscule margins. The reason for this is the shift in consumer trends from the desktop and laptop computers towards the tablets and Smartphone. In order to cope with the changing trends, HP also introduced HP Slate Tablet and WebOS Smartphone but these products failed to capture the attention of the consumers. In that case, when the company was facing loses, its CEO announced to spin off its PC division as well as killing of WebOS and Slate Tablet and this announcement raised a storm of confusion in the investors. So, the overall strategic analysis is being done to determine whether the company should keep or sell off its PC division.…

    • 5380 Words
    • 22 Pages
    Powerful Essays
  • Satisfactory Essays

    5 Reading Facts

    • 239 Words
    • 1 Page

    puting tools to help them with their projects. The system allowed a group of people…

    • 239 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Maintain its services and accessibility that are consistent with the entire school and the entire organization. Laboratory Equipment borrowing system is provided to students and faculties to show them how important are computers and other technologies in teaching and learning processes. One of the main purposes of this study is to help students to become wise and resourceful in terms of project making and other learning methods that are relevant to them. In short “Technology makes the work easy”.…

    • 1694 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    De réir an rialtais, an fáth go bhfuil táillí uisce le teacht isteach ná de bharr an t-uisce do-ólta atá in áiteanna sa tír, chomh maith le hinfreastruchtúr na piopaí sa tír. Ar ndóigh, bhí muid ag íoc ar uisce roimhe seo, i gcánacha eile, agus cuireann sé seo imní ar muintir na tíre.…

    • 532 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Tool. A person or a thing used to accomplish another’s purposes, to convey, & somebody who is manipulated to carry out tasks. It also refers to the process of how the data of this study is gathered & collected.…

    • 423 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Softeng

    • 715 Words
    • 3 Pages

    Part of the art of software development is to select the appropriate tool for a given implementation…

    • 715 Words
    • 3 Pages
    Good Essays
  • Good Essays

    irish essay on Poverty

    • 710 Words
    • 3 Pages

    An mbíonn tú ag féachaint ar an teilifís, ag éisteacht leis an raidió, nó an léann tú na nuachtáin na laethanta seo? Bhuel, i mo thuairim, má dhéanann tú aon cheann de na nithe seo tá scéal éigin cloiste nó léite agat faoin fhadhb na bhochtanais, táim cinnte dearfach de! Ceann d’fhadhbanna casta is ea an cheist seo faoi bhochtanas atá ár gcrá le fada. Bíonn an cheist seo faoi chaibidil ó am go chéile. Is cosúil go bhfuil ag teip orainn go dtí seo teach tar aon réiteach sásúil ar an bhfadhb seo, ach, mar sin féin, ní ionann sin is a rá gur cuma le muintir na hÉireann agurs muintir an domhain faoi na bochtáin. Ní aontaim leis an teideal se oar chor ar bith. Ceapaim go bhfuil said ag déanamh a lán oibre in Éirinn agur ar fud an domhain chun saol níos fear a thabairt do na doine bochta.…

    • 710 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Related Literature

    • 413 Words
    • 2 Pages

    Enriquez (2013) states that in these days, effort and money are such vital things that have to be used very efficiently to have a satisfactory outcome whatever work is to be done. Modern technology makes life simple and easy in many ways. Internet, for example, is a very helpful tool for the students for research purposes. It also features online applications (e.g. Students Information System, Enrollment System, and Grading System) that help individuals to work through the World Wide Web.…

    • 413 Words
    • 2 Pages
    Good Essays