Balanced Scorecard Research Papers Samples For Students

CHAPTER 1: INTRODUCTION

1.1 Background of Study
This research will seek to perform an in depth study on implementation of total quality management (TQM) and the balanced scorecard by SME’s. The study will be interested in learning how small and medium enterprises are involved in the implementation of TQM and the balanced scorecard which are key components of the business management. In business total quality management refers to a management strategy that aims at maximizing the human resources and other available resources so as to accomplish the organizational objectives. Hence, it is of interest to know how SME’s implement this ...

Project managers have a critical task that involves guaranteeing that each project is completed in the time frame and budget given. “A manager is responsible for the application and performance of knowledge.” (BrainyQuotes, 2013) In projects, project managers are held accountable for the performance, good or bad. Performance management is a tool that is effectively used in order to maximize the success of the projects. Performance management consists of multiple mechanisms and tools that are combines to track and report the set targets in a project. Companies that are successful invest the money, time, and resources into projects making sure that they ...

CHAPTER 1: INTRODUCTION

1.1 Background of Study
This research will seek to perform an in depth study on implementation of total quality management (TQM) and the balanced scorecard by SME’s. The study will be interested in learning how small and medium enterprises are involved in the implementation of TQM and the balanced scorecard which are key components of the business management. In business total quality management refers to a management strategy that aims at maximizing the human resources and other available resources so as to accomplish the organizational objectives. Hence, it is of interest to know how SME’s implement this ...

About the paper

The paper is commissioned to discuss the utility of the Balance Score Card, which is turning out to be a revolutionary management tool over the past 25 years of its establishment. A one of a kind management tool that balances the organizational objectives within the spectrum of financial as well as non-financial considerations, has been adopted by organizations around the world. However, the adoption of balanced scorecard does not guarantee success as it depends upon the characteristics and organizational architecture of the company that is adopting it. In this paper, we will discuss two real life scenarios citing the ...

Business stakeholders require their leaders to cultivate excellent personal integrity and strong values, embrace the willingness to make difficult decisions and exercise wisdom. Successful business organizational leaders should also develop an environment of transparency and openness to maintain the stakeholder trust (Ferrell, & Fraedrich, 2014). A number of models or frameworks exist for organizational leaders to achieve these desirable goals. The models include Six Sigma, Balanced Scorecard, and the Triple Bottom Line (Ferrell, & Fraedrich, 2014). These models help organizational leaders to measure structural and behavioral ethics of the organizations they lead. The focus of this research paper is two of the ...

- Analysis of Different Approaches to Performance Evaluation
- Management by Objective (MBO) Approach
Management by objective (MBO) is an approach to performance management that helps plan personal and organizational goals. Also, MBO offers effective means of performance monitoring and compliance of the results with the goals set. MBO provides the tools of planning, managing, and monitoring the goals. Also, MBO helps set measurable goals and track their performance according to a schedule. Thus, using MBO, organizations can increase their efficiency, improve morale, and save resources. However, MBO has certain disadvantages as well, namely: not all tasks involve ...

Samsung Electronics

The name of the company is Samsung, which is a multinational conglomerate company. The link to the original website is www.samsung.com.

BACKGROUNG and HISTORY

Samsung is headquartered in Samsung Town, Seoul. The South Korean multinational conglomerate has numerous subsidiaries and affiliation with several businesses. The largest chaebol of South Korea was founded in 1938 by Lee Byung-chul. The business started as a trading company, but the group expanded itself by diversifying into areas such as textiles, insurance, retail, securities, and food processing. In the late 1960s, the company stepped in the electronic industry. Samsung was separated into four groups in 1987 following ...

Abstract

Performance measurement is one of the crucial methods that an industry or an organization uses in maintaining issues that govern productivity. People influencing production processes in an organization, like the managers and supervisors, always ignore the aspect of performance measurement leading to poor industry performance. The use of measurement and evaluation in performance management a manufacturing industry uses many concepts, methods, tools, techniques and strategies. The discussion analyzes various performance evaluations used by the Coca-Cola Company. The evaluation involves the methodology, strategies, and program implementation, integration and improvement.

Introduction

Performance measurement is one of the crucial methods that an industry or ...

Collecting qualitative and quantitative data to evaluate quality improvements

When it comes to making assessments in the organizational progress, there is need for one to ensure that there is enough data that can be used to gauge the trends. Such data should be qualitative as well as quantitative. Quantitative data involves the numerical values that provide numerical characters for instance the number of clients served in a day. Qualitative data is non-numerical but gives detailed description. These kinds of data can be collected from the people within the organization especially rom departments such as human resource, auditing and much more.

Significance of evaluation

Evaluation in the organization has some importance because ...

Business

Research Paper: Literature review
Devising business models that meet the customers’ demands, satisfy regulatory agencies and carrying out business with sustainable methods to alleviate climate change and other environmental problems as much as possible (Boons et al., 2013; Lee & Casalegno, 2010). The types of methodologies addressed here have been implemented at ENOC or in the UK energy sector. At the heart of the management methods is customer satisfaction. Emiratisation, customer satisfaction and operational theory are seen as the potential answer to meeting new management milestones for Emirates National Oil Company (ENOC). Emiratisation is a UAE government initiative to reach ...

Introduction

This HR project was initiated by me and my team mate to conduct a live research with an HR professional to learn about the performance management process in his or her organization. The organization chosen for the current study is Google Inc. The interviews were conducted with HR professional at Google and online marketing manager at the organization. The interviews with the professionals were conducted in person. The paper provides details about the performance management systems at Google, their employee appraisal systems and the various parameters on the basis of which the performance of the employees are evaluated. The research ...

The article Samsung Makes Aggressive Play for Emerging markets by Jonathan Cheng appeared in the wall street journal on April 6, 2016. This article addresses the steps that Samsung has made to stay ahead of its competitors in the global market, and especially within the Asian continent from where Samsung products are manufactured. The electronic company is winning back customers by cutting down most of its products prices. The South Korea's tech giant has focused more on cheaper gadgets to reach a wider market. The company has set out to compete favorably with Micromax Informatics Ltd, an Indian company ...

Research Paper

Research Paper

Introduction

High Technology Corporation (HTC) is an established maker of a variety of electronic components, and it serves an international market. HTC is now fully-integrated wireless communication service for worldwide use. However, to establish its brand in the global market, it has to dominate in its B2B activities. In this regard, it is useful if HTC invests in a global electronic brand in the international market. In the assignment, Apple Inc. has been selected for investment by HTC. The paper would conduct the financial assessment of Apple from a comparative perspective, to provide investment feasibility for HTC.

Background and Industry

Apple ...

Executive Compensation and Total Reward Management

Introduction
Contemporary businesses are increasingly concerned with the human resource management (HRM) practices as they realize the value, which is hidden in accurate and appropriate approach to managing human assets of the organization. It is evident that HRM function went a long way in the evolution process from supporting the element of the company to one of the critical constructs of strategic organizational development. Many modern corporations invest heavily in human capital in order to develop and grow talent inside the company (Armstrong, 2000). This trend is explained by the realization that motivation, retention and development of individuals within ...

A summary of the change redesign of the cardiovascular surgical unit

As the unit manager of a cardiovascular surgical unit. The unit clerks complained sometimes that they can’t reach chart racks on the counter. Also, the workstation was small, outdated and disorganized. During the construction of the workstation, their wish list is incorporated in the redesign for optimum efficiency and effectiveness. Their top priorities were a new revolving chart rack in the center of a workstation, a call-light system and enhanced accessibility for both staff and the unit clerks.

Impacts on the roles and responsibilities

The changes in the cardiovascular surgical unit were implemented as per the wish list of the clerks. However, many complaints about the changes started. ...