Professional Documents
Culture Documents
Mary’s University School of Graduate Studies Institute of Quality & Productivity Management
By (Group-3) Id
1) Eyerusalem Birega SGS/0631/2011A
2) Kalekirstos Ayele SGS/0634/2011A
3) Alemayehu Emiru SGS/0627/2011A
May 2019
Objectives:
To measure
The employee’s understanding levels of BSC and QM,
The employee’s perception and implementation of BSC,
level of satisfaction and acceptance in the
implementation,
Key performance indicators from the four perspectives
of balanced scorecard,
Financial
Customer perspectives.
Internal business processes
Learning and growth perspectives
Page 25, 26, 27, and 28, referring the material by Jovanovic,
Vujoovic and Krivokapic, 2008. For authors more than two, one
can economically use it shortly as Jovanovic and others, 2008.
In the mean time, the overall idea of the articles from these
authors would have been rewritten by the researcher and
incitation may have been once.
The researcher made the systematic identification, location and
analysis of documents containing information related to the
proposed research problem. He used review of empirical studies,
historical records, and government and company reports. He
used Text- APA styles of quotation.
Balanced score card/BSC/: is a performance metric used in strategic management to
identify and improve various internal functions of a business and their resulting external
outcomes.
It is used to measure and provide feedback to organization.
It is a strategy performance management tool.
Its objective is to translate an organization mission and vision into actual (operational)
actions (strategic planning)
The name “balanced scorecard” comes from the idea of looking at strategic measures
in addition to traditional financial measures to get a more “balanced” view of
performance.
It’s this focus on both high-level strategy and low-level measures that sets the balanced
scorecard apart from other performance management methodologies
The integral concept of balanced score card are targets and key performance
indicator(KPI).
Perspectives:
A balanced scorecard looks at an organization from four different perspectives to
measure its health.
Each of these perspectives focuses on a different side of the company, creating a
balanced view of the organization and namely:
1) Learning & Growth 2) Internal business process
3) Customer 4) Financial
1) Learning and Growth:
Looks at your overall corporate culture.
Are people aware of the latest industry trends?
Is it easy for employees to collaborate and share knowledge, or
Is company a mess of tangled bureaucracy?
Does everyone have access to training and continuing education opportunities?
2) Internal Business Processes:
Looks at how smoothly the business is running. Efficiency is important here.
It’s all about reducing waste, speeding things up, and doing more with less.
Checking and acting on unneeded obstacles standing between new ideas and
execution?
How quickly can you adapt to changing business conditions?
3) Customer:
Focuses on the people who actually buy company’s products and services.
Are you winning new business? How about keeping your existing customers
happy? How are you viewed in your industry compared to your competitors?
Customer satisfaction is a great forward-looking indicator of success
4) Financial:
The financial perspective is a major focus of the balanced scorecard.
Is the Org’n making money? Are shareholders happy?
The financial health an organization may be a lagging indicator showing the result
of past decisions, but it’s still incredibly important.
Structure
The researcher used a descriptive method of a research
and collect data using both questionnaire and interview.
The researcher took total samples size 163, the top management
process owners and Committee members in the implementation of BSC
and QMS from the total samples size28 of them were selected
purposively the rest of 135 representative samples size and determined
the sample size of the division using proportional stratification.