VALUE BALANCED SCORE CARD -A TOOL OF PERFORMANCE APPRAISAL ABSTRACT:- Balanced score card is a new dimension in the field of performance appraisal. It is a comprehensive‚ top down view of the organizational performance with a strong focus on vision (i.e. goals) and strategy (i.e. performance measures). The balanced score card has become the pre-eminent strategic tool for the management. The success of its implementation is attributable to its focus on strategy and the future. By the help of
Premium Management Strategic management Balanced scorecard
E) Altman Z-score Years 2012 (RM’000) 2013 (RM’000) X1= = 0.3833 = 0.2760 X2= = 0.3975 = 0.2977 X3= = 0.4248 = 0.4423 X4= = 0.3841 = 0.2801 X5= = 2.3047 = 2.3596 Z score for year 2012: Z= 1.2 (0.3833) + 1.4 (0.3975) + 3.3 (0.4248) + 0.6 (0.3841) + 1.0 (2.3047) = 4.9535 Z score for year 2013: Z= 1.2 (0.2760) + 1.4 (0.2977) + 3.3 (0.4423) + 0.6 (0.2801) + 1.0 (2.3596) = 4.7352 The performance of the company in year 2013 decrease (0.2183) if compared with year 2012. However
Premium Balance sheet Generally Accepted Accounting Principles Asset
The balanced score card is a management system that is designed to change a businesses mission‚ vision and whole strategy in order to complete the goals and ideas of the business successfully. Accountability and Communication are the main components of the score card approach. The management team needs to be able to create goals that each employee responsible for a section are able to achieve and understand the given task completely. The higher management should have the completed management plan
Premium Management Health care Health care provider
is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a testThis is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a test This is a testThis is a test This is a test This is a test This is a test This is a test This is a test This
Premium
* Learning and growing perspective | Current situation 2013 | Ideal 2014 | Factor | Weighting H/M/L | Performance 1-10 | Ideal 1-10 | Factor | Weighting H/M/L | Target 1-10 | New products | H | 10 | 8 | New products | H | 10 | Improvement | M | 7 | 8 | Improvement | H | 9 | Information system capabilities | M | 7 | 6 | Information system capabilities | H | 9 | Employee capabilities
Premium Coffee Starbucks
The Leadership Quarterly 21 (2010) 422–438 Contents lists available at ScienceDirect The Leadership Quarterly j o u r n a l h o m e p a g e : w w w. e l s ev i e r. c o m / l o c a t e / l e a q u a Leadership competencies for implementing planned organizational change Julie Battilana a‚⁎‚ Mattia Gilmartin b‚1‚ Metin Sengul c‚2‚ Anne-Claire Pache d‚3‚ Jeffrey A. Alexander e‚4 a b c d e Harvard Business School‚ Soldiers Field Road‚ Boston‚ MA 02163‚ USA Hunter-Bellevue School of Nursing‚ 425 East
Premium Leadership
1) Choose a project. Define scope. Project Name: Balanced Score Card inception. Introduction/ Overview of the Project: The management introduced various new HR policies to be implemented across the entire plant‚ corporate and Business offices. Balanced Score Card inception into the Performance Management System of the higher level employees‚ including AGM and above (Level E13- E18)‚ was one among such new renovated policies. A total of 195 employees were covered under the project. By redesigning
Premium Project management
understanding which competencies allow for the most improvement. Of the seven leadership competencies discussed during lecture‚ I will be discussing the first five‚ as the last two competencies are more or less company specific. In order from weakest to strongest‚ my competencies are Personal Effectiveness‚ Execution‚ Operational Excellence‚ Inspiration of Others and Employee/Team Development. Although there are sub-aspects of each leadership trait‚ I ranked my competencies on a general quality
Premium Leadership Management Skill
Leadership and Roles of Graduate Nurse South University Leadership and Roles of Graduate Nurse After taking the leadership quiz‚ it was revealed to me that I am a Participative leader. This type of leadership style describes me very well and up holds my beliefs and values in leadership. Understanding the meaning of participative leadership style helps me understand to roles that are required for this style of leadership. As a participative leader one listens to what the team has
Free Positive psychology Leadership Skill
the self-assessment‚ I learned that my scores are pretty accurate to my personality. I am happy with my two highest scores because it tells me I am strong in those areas. I know what works for me to become a successful individual. As for my two lowest scores I completely agree with the results that came out to be. I need to strive for success and be more open when asking for help and meeting other people. Score #1: Developing emotional intelligence My score came out to be 84. I scored high in this
Premium Scores Intelligence Emotional intelligence