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Balanced Scorecard - Dissertation Example
Author : charleswest
Finance & Accounting
Pages 28 (7028 words)
Balanced Scorecard Table of Contents 1.0 Introduction 4 2.0 Analysis of the Current Situation of Performance Evaluation in the Chinese Commercial Banking Sector 6 3.0 Brief Introduction of the Company 6 4.0 Literature Review 7 4.1 Types of Balanced Scorecard 9 4.2 Cause and Effect Relationships 9 4.3 Key performance indicators 11 4.4 The challenge of implementing the Balanced Scorecard 11 4.5 Conditions for implementing the balanced scorecard 12 4.6 Functions of Balanced Scorecard as a strategic management system 13 4.7 Obstacles and key success factors to implement the balanced scorecard 14 4.8 Balanced scorecard and commercial banks 15 4.9 Problems in managing performance in Commercial bank…
If you can't measure something, you can't understand it. If you can't understand it, you can't control it. If you can't control it, you can't improve it” by H. James Harrington is justified in every aspects of a business environment (USACE, 2005). Measuring performance in an organizational perspective is equally important as its business operations. An organization running its operations without having performance measurement tools can be like a CEO functioning without formulating a strategic plan or an aeroplane flying without its compass. ...