3. Analysis of the industry Saudi Arabia is one of the most powerful economies worldwide – even if it is not yet fully developed; the country has been a member of the WTO since 2005 (Abdallah, 2007), a fact that has been proved quite important for its economy. In accordance with a recent report of KPMG, Saudi Arabia is considered as ‘the 13th best place to do business’ (Fozan 2009). One of the key characteristics of the country’s banking sector is its dependency on the principles of Islamic finance (Mena FN 2011), a fact that should be taken into consideration when evaluating the potential effects of the Balanced Scorecard Model on the financial performance of banks in the particular country. The performance of the country in regard to each particular industrial sector is presented below in Graph 1. It is clear that the financial services sector of the specific country is of key importance for the national economy; the identification of methods that could enhance the performance of firms operating in this industry would be of significant value – in terms of the expected benefits for the country’s economy. ...Show more
RESEARCH PROPOSAL THE EFFECTS OF THE IMPLEMENTATION OF THE BALANCED SCORECARD (BSC) ON THE FINANCIAL PERFORMANCE OF A SAUDI COMPANY – THE CASE OF THE RIYAD BANK 1. Description of Academic Area A study on the potential implications and benefits of the Balanced Scorecard as a key strategic tool for supporting the financial performance of a firm operating in the financial services industry of Saudi Arabia…
Table of Contents
Literature Review 5
Overview of the Balanced Scorecard 5
Development of the Balanced Scorecard 8
Benefits of using the BSC 11
Balanced Scorecard Implementation in large enterprises and SMEs 12
Criticisms of the Balanced Scorecard Methodology- challenges of implementing the Balanced Scorecard 14
The purpose of this research paper will be to analyse the web market in Oxford; create a list with the retailers with no websites or with bad websites; design the project website using the required methods and skills; create a wider range of portfolio product/service; have a unique web developing company for the Small/Medium local businesses.
The paper investigates the effect of the balanced scorecard on the performance of the for profit organisations. Balanced scorecard is being used by several organisations in order to improve the overall output and performance. It is used as an important strategic tool which facilitates the organisation in the process of formulating and devising effective and efficient strategies.
The recent global financial crisis have brought to the fore issues and weaknesses in the international market for investments and securities, drawing concern to the financial health and operational continuity of potential equity investments. These concerns are exacerbated by the lack of transparency in the manner corporations operate, further undermining efforts to establish an international financial accounting standard and norms for the conduct of ethical business.
Design 21 2.1.4 Alternatives and Criticism 22 2.1.5 Web-based Balanced Scorecard Applications 23 2.1.6 Steps for Implementing Balanced Scorecard 24 2.1.7 The Balanced Scorecard at Philips Electronics: Example 26 CHAPTER 3 31 3.1 Research Methodology 31 3.2 Type of research Methodology 32 3.3 Choice of Research Method 33 3.4 Sources of Data 34 3.4.1 Primary Data Collection 35 3.4.2 Secondary Data Collection 35 3.5 Case Study Design 36 3.6 Sources of Data 37 3.7 Quality of Research Design 38 3.7.1 Construct Validity 39 3.7.2 Internal Validity 39 3.7.3 External Validity 39 3.7.4 Reliability 40 CHAPTER 4 40 4.1 Findings and Discussion 40 4.2 Results 42 4.2.1 Results from Interview 42 4.2.2 Resu
s 15 4.10 The expediency of the Balanced Scorecard to Performance Management System of Commercial Banks of China 20 4.11 Summary 21 5.0 Research Methodology 22 6.0 The Balanced Scorecard in the Chinese Commercial Banking Sector – Industrial and Commercial Bank of China (ICBC) 22 7.0 Context 22 8.0 Findings 24 9.0 Interpretation 24 9.1 Extent of Leaders’ Support 27 9.2 Preparation for Implementation 27 9.3 Management ‘Informatization’ 28 9.4 Cost and Benefit 29 9.5 Incentive System 29 10.0 Conclusion 30 Reference 31 Bibliography 34 1.0 Introduction The phrase “Measurement is the first step that leads to control and eventually to improvement.
This will also provide results of research on the practices of CSR of the different organisations that aimed to involve Business Social Responsibility (BSR) practices with those of the oil and gas industry. Above all, this will provide a connection of CSR and environmental protection and sustainability.
our 30 Research Methodology 30 Overview 30 Sampling Design Process 31 Chapter Five 32 Findings and Discussion 32 Demographic Findings 32 Questionnaire Specific Findings 32 Chapter Six 38 Conclusion 38 Recommendation 39 Reference 40 Chapter One Introduction The world of the 21st century is progressing at a rapid pace, mainly because of the factors of fast change and rapid development.
This paper has analyzed the theoretical as well as practical frameworks, which are considered to be ideal and helpful in managing and coping with the prevailing issues in addition to addressing matters regarding the impact of leadership styles on the ways in which management systems and strategies are put into practice in public hospitals in Saudi Arabia.
31 pages (7750 words)Dissertation
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