Linking Balance score card to Performance Management System
International Journal of Business and Information Technology
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Title |
Linking Balance score card to Performance Management System
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Creator |
Deshmukh, Kirti
Deshpande, Dr.Bharati Avinash; ITM Business School Kharghar |
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Description |
Abstract— As said by William Thompson(Lord Kelvin),1824-1907 , 'When you can measure what you are speaking about, and express it is number, you know something about it; but when you cannot measure it, when you cannot express it in numbers, your knowledge is a meagre and unsatisfactory kind'.This research attempts to bring about a linkage between Balance score card and Performance Management through a process model. This can help to enhance your expert credibility within the organization by learning as much as possible about this subject. Balance score card help the organization to address two issues one is implementing organization strategy and secondly is performance management. Many a times even after very good systems we are not able to achieve the stated objectives the reason is the organization objective, and individual objectives are not linked properly. Thus after linking Balance score card with aperformance objective the organization can translate company's vision and strategies and link it to individual objective
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Publisher |
International Journal of Business and Information Technology
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Contributor |
—
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Date |
2011-07-26
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Type |
—
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Format |
application/pdf
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Identifier |
http://ojs.excelingtech.co.uk/index.php/IJBIT/article/view/38
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Source |
International Journal of Business and Information Technology; Vol 1, No 2 (2011): June
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Language |
en
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Rights |
The copyright of the contribution is transferred to IJBIT in case of acceptance. The copyright transfer covers the exclusive right to reproduce and distribute the contribution, including reprints, translations, photographic reproductions, microform, electronic form, or any other reproductions of similar nature. The Author may publish his/her contribution on his/her personal Web page provided that he/she creates a link to the mentioned volume of IJBIT. The Author may not publish his/her contribution anywhere else without the prior written permission of the publisher unless it has been changed substantially. The Author warrants that his/her contribution is original, except for such excerpts from copyrighted works as may be included with the permission of the copyright holder and author thereof, that it contains no libellous statements, and does not infringe on any copyright, trademark, patent, statutory right, or propriety right of others. The Author also agrees for and accepts responsibility for releasing this material on behalf of any and all co-authors.
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