Conceptual Foundations Of The Balanced Scorecard
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Conceptual Foundations Of The Balanced Scorecard
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Author : Robert S. Kaplan
language : en
Publisher:
Release Date : 2010
Conceptual Foundations Of The Balanced Scorecard written by Robert S. Kaplan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
David Norton and I introduced the Balanced Scorecard in a 1992 Harvard Business Review article (Kaplan & Norton, 1992). The article was based on a multi-company research project to study performance measurement in companies whose intangible assets played a central role in value creation (Nolan Norton Institute, 1991). Norton and I believed that if companies were to improve the management of their intangible assets, they had to integrate the measurement of intangible assets into their management systems. After publication of the 1992 HBR article, several companies quickly adopted the Balanced Scorecard giving us deeper and broader insights into its power and potential. During the next 15 years, as it was adopted by thousands of private, public, and nonprofit enterprises around the world, we extended and broadened the concept into a management tool for describing, communicating and implementing strategy. This paper describes the roots and motivation for the original Balanced Scorecard article as well as the subsequent innovations that connected it to a larger management literature.
The Balanced Scorecard
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Author : Robert S. Kaplan
language : en
Publisher: Harvard Business Review Press
Release Date : 1996-08-02
The Balanced Scorecard written by Robert S. Kaplan and has been published by Harvard Business Review Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-08-02 with Business & Economics categories.
The Balanced Scorecard translates a company's vision and strategy into a coherent set of performance measures. The four perspectives of the scorecard--financial measures, customer knowledge, internal business processes, and learning and growth--offer a balance between short-term and long-term objectives, between outcomes desired and performance drivers of those outcomes, and between hard objective measures and softer, more subjective measures. In the first part, Kaplan and Norton provide the theoretical foundations for the Balanced Scorecard; in the second part, they describe the steps organizations must take to build their own Scorecards; and, finally, they discuss how the Balanced Scorecard can be used as a driver of change.
Performance Drivers
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Author : Nils-G¿ran Olve
language : en
Publisher: John Wiley & Sons
Release Date : 2001-05-08
Performance Drivers written by Nils-G¿ran Olve and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-05-08 with Business & Economics categories.
A Practical Guide to Using the Balanced Scorecard performance drivers Nils-Goran Olve, Jan Roy and Magnus Wetter Since the groundbreaking work of Robert S. Kaplan and David P. Norton, the concept of the Balanced Scorecard has achieved increasing popularity in the business world. Previously, many organizations had built their business objectives around financial targets and goals that bore little relation to a long-term strategic vision. Typically, this leaves a gap between the development of a company's strategy and its implementation. The business scorecard, however, provides a more 'balanced view' by looking at not just-financial concerns, but also customers, internal business processes, and learning and growth. But it is not just a system of performance measurement - by focusing on future potential success it can be used as a dynamic management system that reinforces, implements and drives corporate strategy forward. In this book, the authors draw on their extensive experience with scorecard projects to provide a step-by-step method for introducing the Balanced Scorecard into an organization. This is done through the use of some of the most important practical examples in existence, with case studies from ABB, Coca Cola, Electrolux, British Telecom, Nat West, Skandia and Volvo. The desired strategic control system using scorecards that is presented focuses on creating and communicating a total comprehensive picture to all members of the organization from the top down, a long-term view of what the company's strategic objectives really are, how to make use of knowledge gained through experience and the required flexibility of such a system to cope with the fast-changing business environment. This book will provide senior and operational managers, consultants and business academics with a comprehensive view of emerging Balanced Scorecard practice supported by both business advice and a theoretical foundation. Reflections on the relations between the Balanced Scorecard and other areas, such as TQM, information systems and intellectual capital and knowledge management are also made. Business Strategy
The Balanced Scorecard
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Author : 50minutes,
language : en
Publisher: 50 Minutes
Release Date : 2015-08-17
The Balanced Scorecard written by 50minutes, and has been published by 50 Minutes this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-17 with Business & Economics categories.
Turn your data into a roadmap to success! This book is a practical and accessible guide to understanding and implementing the Balanced Scorecard, providing you with the essential information and saving time. In 50 minutes you will be able to: • Evaluate company performance and management efficiency • Focus on all perspectives of the business at once • Successfully apply the Balanced Scorecard to your business ABOUT 50MINUTES | Management & Marketing 50MINUTES provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide both elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.
Balanced Scorecard
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Author : Nils-G¿ran Olve
language : en
Publisher: John Wiley & Sons
Release Date : 2006-04-24
Balanced Scorecard written by Nils-G¿ran Olve and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-04-24 with Business & Economics categories.
The fast track route to understanding and implementing the balanced scorecard in your business. It covers the key aspects of the balanced scorecard, from using it to develop the company's strategy and relating it to existing control systems to setting goals and monitoring progress. It gives examples and lessons from some of the worlds most successful businesses, including Ricoh, Xerox and Ericsson Enterprise and ideas from the smartest thinkers including Robert S. Kaplan and David P. Norton. It includes and glossary of key concepts and a comprehensive resources guide.
The Lean Business Guidebook
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Author : MJS Bindra
language : en
Publisher: CRC Press
Release Date : 2022-06-07
The Lean Business Guidebook written by MJS Bindra and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-07 with Business & Economics categories.
This book introduces a powerful system that explains how to run a company with a focus on continuous improvement. The results are a satisfied customer base, evolving products and an increase in revenue and profits. These factors determine the success for any company because business transformation involves making fundamental changes in how business is conducted to cope with shifts in the market environment. This a comprehensive book for valuable guidance on framing strategy and overcoming challenges for successful and sustainable implementation of a lean production system, daily management system and lean accounting system in companies to empower the managers to serve their customers with timely delivery of quality products while maximizing profits and easing workloads. The main challenge is ensuring operations colleagues in different functions understand the link between their daily work and the profit and loss statement. In addition, it illustrates how finance personnel can assist the operations team and be a part of the transformation journey. This book is not meant to impart theoretical knowledge of the lean production system, daily management and lean accounting, as there are many books already available that focus on the methodology instead of the implementation. This book empowers people in each function of a company, irrespective of which level they work in the company, and shows them the way to operate on a daily basis to achieve the company's strategy while simultaneously fulfilling their career goals. The book lays out a brief history of the evolution of lean concepts with a focus on lean accounting. This book guides the successful implementation and sustenance of lean and kaizen tools and provides answers to the questions: Who should lead the lean and kaizen implementation in the company? Where should the lean and kaizen journey begin? Which lean and kaizen tools should be implemented first? How important is capacity for the company? How much current capacity is wasted and how much free capacity is available? Where exactly are the resources being wasted in the company? How can the company reduce waste to release capacity for more production? Why should the daily management system and lean accounting system be implemented simultaneously with the lean production system? Why must managers understand the monetary value of their daily activities? Is there an easy way of making a profit and loss statement that is understood at each level in the company? Why is one-day closing of accounts important and how can it be done?
The Paradigms Of Business Administration And The Concepts Of The Balanced Scorecard And The Strategy Map
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Author : J. Strikwerda
language : en
Publisher:
Release Date : 2014
The Paradigms Of Business Administration And The Concepts Of The Balanced Scorecard And The Strategy Map written by J. Strikwerda and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
In 1992 Kaplan and Norton introduced the balanced scorecard. They related this concept to the strategy map (2004) and a management system of strategy execution (2008). The balanced scorecard is an especially popular instrument with some managers, but is criticized and even abhorred by others. Kaplan and Norton have carefully explained the reasons and objectives behind the balanced scorecard, such as the need for balanced investments in both intangible and tangible assets, in view of the increasing economic importance of intangible assets compared with tangible assets in the economy, which implies a fundamental change in the institutional foundations underlying the operations and efficiency of firms and markets. For various reasons, society is not inclined to address the need to adapt institutions to the role of intangible assets. Therefore, adaptation and innovation for the tools of management must be achieved within the context of existing institutions.Kaplan and Norton have defined their management system from the existing institutional context of firms and markets. The concepts for managing intangible assets published by Kaplan and Norton imply a fundamental change with respect to the paradigms of business administration which constitute modern management traditions of the twentieth century, as taught in business schools. In the U.S., the balanced scorecard was introduced from a political context to improve competitiveness, requiring more investment in intangible versus tangible assets. Such a context does not exist in Europe, which may explain why the BSC is less well received and applied, and why investment in intangible assets lags behind those in the U.S.This paper argues that in the absence of a clear economic agenda for the competitiveness of the European economy, what is needed for an efficient application of Kaplan and Norton's management system in the European context is an understanding of the fundamental aspects underlying it, in view of the economic role played by intangible assets in the twenty-first century.
Management Matters
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Author : Philip Delves-Broughton
language : en
Publisher: Pearson UK
Release Date : 2013-02-14
Management Matters written by Philip Delves-Broughton and has been published by Pearson UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-14 with Business & Economics categories.
How did Bill Clinton get his party to take him seriously again after the sex scandal story broke? Who was the manager behind Edmund Hillary’s ascent of Mount Everest? Why could taking a nap after lunch be your route to a more productive day? This engaging and entertaining book takes a fresh, honest approach and explores what it’s really like to be a manager. It addresses the kinds of issues managers face on a daily basis, from prioritising their time and balancing a team, to recruiting new staff and managing the numbers. Written by Philip Delves Broughton, FT journalist and bestselling author of What They Teach You at Harvard Business School, this book is jam packed with titillating case studies and anecdotes from the very best and worst managers, including everyone from Bill Clinton and Mark Zuckerberg to Alex Ferguson and Roger Federer. “for most of us, our days are more like splat-the-rat, flailing at problems as they emerge, hoping that one good wallop does the trick, but fearing that nothing is ever well and truly solved” Management Matters, Philip Delves-Broughton
Handbook Of Research On Key Dimensions Of Occupational Safety And Health Protection Management
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Author : Živkovi?, Snežana
language : en
Publisher: IGI Global
Release Date : 2021-12-10
Handbook Of Research On Key Dimensions Of Occupational Safety And Health Protection Management written by Živkovi?, Snežana and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-10 with Business & Economics categories.
Much remains to be known about occupational safety and health, occupational diseases, legislation, practices, and cases worldwide, as well as the implications for sustainable development in different countries in pandemic crisis conditions. Thus, a better understanding of the different safety and health management developments across different contexts to assess their impact on sustainability is needed. The Handbook of Research on Key Dimensions of Occupational Safety and Health Protection Management discusses the necessity to protect the workforce and the importance of occupational safety and health management. This book will encourage organizations to create a preventative safety and health culture. Covering topics such as economic development, employment injury insurance, and personnel security, this book is an excellent resource for managers of public and private organizations, executives, professionals, researchers, policymakers, human resource managers, government authorities, professionals, students, and academicians.
Digital Supply Chain Disruptive Environments And The Impact On Retailers
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Author : Sabri, Ehap
language : en
Publisher: IGI Global
Release Date : 2023-05-18
Digital Supply Chain Disruptive Environments And The Impact On Retailers written by Sabri, Ehap and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-18 with Business & Economics categories.
With the world having been plunged into uncertainty during the COVID-19 pandemic, a critical issue for senior management is stabilizing their supply chain to a consistent flow of components and materials. Even before the advent of the COVID-19 pandemic, supply chain complexity had been an increasingly “hot” topic. Add to that the complexity of new tariff restrictions, port congestion, regional conflicts, and geopolitical events and disruptions due to international conflict, and it is apparent that securing access to materials and critical resources is not without difficulty, and forecasting demand is even harder. Digital Supply Chain, Disruptive Environments, and the Impact on Retailers brings together the field’s latest best practices on digital supply chain enablement, giving business professionals a comprehensive framework to ensure successful supply chain business transformation programs. Covering topics such as business planning, digital transformation, and volatile demand, this premier reference source is an excellent resource for managers, directors, vice presidents, supply chain executives, IT directors, consultants, students and educators of higher education, librarians, researchers, and academicians.