平衡计分卡运用研究Score-Card.docVIP

PAGE PAGE 6 Objective of the Project Evaluate Balanced Scorecard knowledge and skills within my work environment and general experiences. Effectively Monitor, Measure And Evaluate the Balanced Scorecard For Maximising the Performance Management. INDEX Introduction 3 Background of Balanced Scorecard 4 What is the Balanced Scorecard? 5 Balanced Scorecard – Concept 6 Utilizing The Balanced Scorecard 14 as A Strategic Management Tool Steps to create the Organizational Balanced Scorecard 18 BSC Implementation in Bilcare 21 Introduction Functional Scorecard in Bilcare Automation – MPOWER - COVENARK? Vision./ Mission Core objective Implementation of BSC Feedback and Review system – Performance Management Conclusion 28 Annexure I. Introduction It is found that though in many corporations a defined strategy exists at the corporate level, the deployment of the same at the operational level is not uniform and in many cases absent. This causes misalignment of organizational strategy and hampers achievement of organizational goals due to poor deployment. It is observed that though many organizations have excellent business strategy there are severe lapses in the execution at the operational level. Cascading business strategy as appropriate to Projects becomes a great challenge. The Balanced Scorecard has specific focus on four perspectives – Financial, Customer, Internal and Learning. It also has a focus on balancing long term and short-term goals of an organization. It is observed that organizations, which do not have a robust framework to deploy a “Balanced” set of goals at the Project level, fail to achieve organizational alignment and integration. The objective of developing such a framework was the following: Create a sustainable strategic position at the project level Focus on Financial as well as non-financial goals at the Project- level Balance short-term and long-term o