Chaos through the Scorecard
نویسنده
چکیده
In this age of the Information Economy, access to accurate and timely information is necessary to ensure business success. One method of displaying performance measurement information is on a Balanced Scorecard (BSC). The BSC provides a framework for translating strategy into measures that collectively capture the critical requirements for sustaining the organisation's success. The author has participated in the development and implementation of a number of data warehousing systems, the latest including an automated BSC. The acceptance and subsequent use of the system has been poor and while there may be many reasons this paper looks to Chaordic Systems Thinking to help describe possible reasons.
منابع مشابه
Matrix Sequential Hybrid Credit Scorecard Based on Logistic Regression and Clustering
The Basel II Accord pointed out benefits of credit risk management through internal models to estimate Probability of Default (PD). Banks use default predictions to estimate the loan applicants’ PD. However, in practice, PD is not useful and banks applied credit scorecards for their decision making process. Also the competitive pressures in lending industry forced banks to use profit scorecards...
متن کاملگسترشی بر مدل کارت امتیازی متوازن
Today, having information about performance in all aspects both financial and non financial is extremely important in managerial decision making. Different models for measuring performance have been recommended. One of these models is Balanced Scorecard. Balanced Scorecard focuses on four perspectives: growth and learning ، internal processes ، customers and financial. Through the use of Bala...
متن کاملDesigning the Hybrid Model of Balanced Scorecard and Analysis of Hierarchical Process for Evaluation of the Outsourced Services Suppliers in Supply Chain of Teaching Hospital
Background and Objectives: Outsourcing has been considered by hospital managers as a model to reduce the financial burden and modify the financial system. The external suppliers must be qualified for the services they ought to provide to the hospitals. The use of the Balance Scorecard and the Analysis of Hierarchical Process can help assessing suppliers' capability to solve exi...
متن کاملThe Assessment of Applying Chaos Theory for Daily Traffic Estimation
Road traffic volumes in intercity roads are generally estimated by probability functions, statistical techniques or meta-heuristic approaches such as artificial neural networks. As the road traffic volumes depend on input variables and mainly road geometrical design, weather conditions, day or night time, weekend or national holidays and so on, these are also estimated by pattern recognition te...
متن کاملDevelopment of a Sustainability Balanced Scorecard: Translating Strategy into Value- Based Sustainability Management
The Balanced Scorecard is a management tool that supports the successful implementation of corporate strategies on the basis of performance indicators linked with causal chains. It has been discussed and considered widely both in practice and research. By linking operational and nonfinancial corporate activities through causal chains to the firm’s long-term strategy the Balanced Scorecard allow...
متن کامل