Overview This study discusses the four "Perspectives" specified in Kaplan’s and Norton’s Balanced Scorecard framework‚ focusing on their implementation at GTE4). Subsequently the efficiency of Garret Walker’s and Randall MacDonald’s internal communication strategy is evaluated and in the final chapter a summarizing conclusion is provided. Introduction In 1996‚ J. Randall MacDonald‚ Executive Vice President of Human Resources at the GTE Corporation was facing the challenge to create an HR strategy
Premium Balanced scorecard
Balance scorecard Definition Balance scorecard also known as BSC. BSC was developed by Robert Kaplan and Norton in the early 1990s. Balance scorecard comes from two words namely balance and scorecards. Balance mean a balance between financial and non-financial performance‚ short-term performance and long-term performance‚ the performance of which is internal and external. When the scorecard also mean that the card is used to measure one’s performance score. At first scorecard used to measure performance
Premium Finance Business terms Marketing
Nanchang‚ P. R. China‚ May 22-24‚ 2009‚ pp. 206-209 Study on Balanced Scorecard of Commercial Bank in Performance Management System Yansheng Zhang1‚ Longyi Li2 1‚2 South China University of Technology‚ Guangzhou‚ China 1 Zhang.ys01@mail.scut.edu.cn 2 lyli@scut.edu.cn Abstract—Performance management of commercial banks is an important aspect of banking business management. this paper makes study about how to use the Balanced Scorecard as a tool‚ which is applied to commercial banks performance
Premium Bank Balanced scorecard Strategic management
7-1 in Ch. 7 of Strategic Management Develop the strategic objectives for your business in the format of a balanced scorecard. The strategic objectives are measures of attaining your vision and mission. As you develop them consider the vision‚ mission‚ and values for your business and the outcomes of your SWOTT analysis. Consider the following four quadrants of the balanced scorecard when developing your strategic objectives: • Shareholder Value or Financial Perspective‚ includes strategic
Premium
Sustainability and the Balanced Scorecard: Integrating Green Measures into Business Reporting By: Chris Apel Managerial Accounting 12-2-12 Practices that are good for the environment and society may appear to have a negative impact on corporate profitability‚ but use of the balance scorecard can result in a clearer picture of the relationship among sustainable practices‚ corporate strategies‚ and profitability. This article explores three ways that sustainable practices can be incorporated
Premium Strategic management Balanced scorecard Sustainability
The scorecard The scorecards measures of key indicators‚ focuses managers and employees attention on what is important to the organization. Focusing on desired result increases the ability the relative effectiveness of various policies and practices. Just as organizations keep scorecards on their financial effectiveness. The importance of evaluating HRM Hr managers are unable to describe their contribution so‚ the evaluating of HRM is important. The HR department is being treated like other operational
Premium Management Employment Measurement
GiGi-Fi Technology Shivam Prajapati 0814331046(roll no.) Electronics and communication IMS Ghaziabad Agenda Introduction Former Technology IEEE 802.15 3C 802. GiGi-Fi Technologies Bluetooth v/s Wi-Fi WiHow a Gi-Fi Network Works GiArchitecture Features Applications of Gi-Fi GiConclusion Introduction . Gi Fi or Gigabit Wireless is the world’s first transceiver integrated on a single chip that operates at 60GHz on the CMOS process. 60GHz process. GiGi-Fi
Premium
Barriers to the Successful Implementation of the Balanced Scorecard - the Case of Plava Laguna J.S.C. CONTENTS CHAPTER 1: INTRODUCTION .............................................................................. 1 1.1. 1.2. 1.3. 1.4. Background and motivation for the study...................................................... 1 Problem statement ....................................................................................... 2 Research purpose .............................
Premium Balanced scorecard Strategic management Management
VOL.5 NO.4 Summer 2004 Aligning the Balanced Scorecard and a Firm’s Strategy Using the Analytic Hierarchy Process B Y D E WAY N E L . S E A R C Y‚ C M A ‚ C PA ‚ C I A IS USED TO PROVIDE INSIGHTS TO SIX THE ANALYTIC HIERARCHY PROCESS (AHP) COMPANIES TO DETERMINE IF EACH COMPANY’S PERFORMANCE SYSTEM IS ALIGNED WITH ITS STRATEGIC OBJECTIVES OF IMPLEMENTING LEAN ENTERPRISE POLICIES. A STEP-BY STEP PROCESS FOR USING - EXCEL IN AHP APPLICATIONS IS DESCRIBED. I n
Premium Balanced scorecard Lean manufacturing
Abstract of Li-Fi Technology Whether you’re using wireless internet in a coffee shop‚ stealing it from the guy next door‚ or competing for bandwidth at a conference‚ you’ve probably gotten frustrated at the slow speeds you face when more than one device is tapped into the network. As more and more people and their many devices access wireless internet‚ clogged airwaves are going to make it increasingly difficult to latch onto a reliable signal. But radio waves are just one part of the spectrum that
Premium Lighting Incandescent light bulb