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
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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
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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 .............................
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Resource: Exhibit 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
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Congress should require all future U.S. high school graduates to spend one year in service to their country before college. Support 1: If we had graduated high school students spend a year in service‚ the streets would be much safer. With all of the new civilian service participators‚ the streets would have much more protection. We would have high school students patrolling the streets of neighborhoods and there would be much more protection. Support 2: Graduated students would get good experience
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EFFECTIVENESS OF PERFORMANCE MANAGEMENT SYSTEM IN GAIL (INDIA) LIMITED Partial Fulfilment of the Requirements for the Award of Post Graduate Diploma in Management (Recognized by AICTE‚ Ministry of HRD‚ Govt. of India) By Ms. Pragati PG-10-052 Batch 2010-12 Under the guidance of Dr. Bhawana Garg INMANTEC‚ Ghaziabad Integrated Academy of Management and Technology Ghaziabad
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To ensure your satisfaction and continued success in the graduate school of KOREATECH‚ we ask you to complete this questionnaire regarding various services at our university. Please answer to the questions sincerely. Your answers will be kept confidential and will help us to improve your time in the graduate school. Thank you for your time. ★ Please check your type: □ KOICA □ GKS □ The other A. Academic Affairs 1. Are the subjects currently offered suitable to your major? ① Yes
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The balanced scorecard The balanced scorecard is an approach for the company to transfer the strategies‚ objectives and missions into performance measures. It aims at assist the organization to complete and manage the strategies which the organization set up. The balanced scorecard has different perspectives‚ such as financial‚ customer‚ community and internal processes and employees. And also each perspective has two different indicators‚ lead and lag. Lag indicator is a measurement for the company
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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
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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
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