Sensitivity analysis and Design of Balance Score Card

Sensitivity analysis and Design of Balance Score Card…..: 

Sensitivity analysis and Design of Balance Score Card….. By- Anuj Singh

Objective of the study…..: 

Objective of the study….. To understand Performance Management and its implementation process. To understand Balance Score Card Development of Balance Score Card Sensitivity analysis of Balance Score Card

Performance Management System…..: 

Performance Management System….. Ensuring performance of organization and Achievement of organizational goals. Creating Environment in which Organizational Performance Becomes Everyone’s Everyday Job. Clear the Strategic Direction and Competitive Advantage. Everyone Accepted Responsibility for Continuous Refinement of Strategic Direction. Performance indicators are Collected to Inform Strategic Decision – Making at All Organization Level. Ensuring effective and efficient utilization of resources. Proper Documentation for causes of Performing and Not Performing a Task

Implementation Process…..: 

Implementation Process…..

Balance Score Card…..: 

method of implementing a business strategy by translating it into a set of performance measures derived from strategic goals that allocate rewards to executives and managers. Translates Strategy into Action/ Performance Management. Holistic Performance Measurement. Balancing Driver and Result Balance Score Card…..

Need of a Balanced Scorecard….. : 

Need of a Balanced Scorecard….. Focus on traditional financial accounting measures such as ROI, EPS as it gives misleading signals to executives with regards to quality and innovation . Individual as well as organizational performance needs to be judged. Some non-financial measures are drivers of financial outcome, so measures of it gives a managers more control to take corrective actions quickly.

Balance Score Card…..: 

Balance Score Card….. How do we look to our Shareholders? How do our Customers See Us? What should we do that is Excellent? Can we continue to Improve and Add Value?

Implementation of Balance Score Card…..: 

Implementation of Balance Score Card….. Electric Item Manufacturing Firm To reduce the cost per watt to Rs. 100/watt from Rs. 150/watt with in 5 years. development includes strategies, objectives, measures, Targets and initiatives on corporate, department level and individual level . For each levels , strategic objectives for all four perspectives have been developed and implemented in strategic maps.

Strategies of the company….. : 

Strategies of the company….. Based on Indigenous R&D and Collaborations to Develop the Technology. Develop New Products, Systems, Process Based on in House R&D Coordinate Activities Through IT Applying Cost Leadership Strategy

Strategic Mapping and Four Perspective of BSC…..: 

Strategic Mapping and Four Perspective of BSC….. Strategic Mapping Four Perspective

Sensitivity Analysis…..: 

Sensitivity Analysis….. Tool Used: Expert Choice 2000 Analysis

PowerPoint Presentation: 

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