We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Of Balanced Scorecard in Higher Education - Literature review Example

Comments (0) Cite this document
Literature review of Balanced Scorecard in Higher Education Table of Contents 1.Balanced Scorecard (BSC) - Definition 3 2.Characteristics of Balanced Scorecard 4 3.BSC in Higher education 5 3.1Current status and application of Balanced Scorecard 5 3.2Implication of BSC in Higher Education 7 3.3Benefit of BSC implementation 8 Reference 10 Bibliography 11 1…
Download full paperFile format: .doc, available for editing
Polish This Essay91.9% of users find it useful
Literature Review of Balanced Scorecard in Higher Education
Read TextPreview

Extract of sample
"Of Balanced Scorecard in Higher Education"

Download file to see previous pages Also instrumental in improving the internal and external communications in the organization and monitoring performance of organizations against strategic goals and objectives, the balanced score card has extensive usage and gained acceptance in almost all sectors of the market. Originated by Doctor Kaplan and Doctor David Norton as a framework for performance measurement adding to the strategic non-financial performance measures to the conventional financial metrics, they have provided this framework for executives and managers for assessing the overall and balanced view of the performance of organizations (Schmeisser, 2011, p.194). The balanced score card presents an integrated result oriented collection of key performance measures including financial and non financial measures which comprises both the present performance of the firm and also its future performance drivers. The main premise of the score card is based on the fact that financial evaluations alone are not enough for capturing the value-adding activities. Kaplan and Norton (1992), suggests that apart from using financial measures firms must also develop a comprehensive framework of other measures as indicators or predictors of financial performance too (Beard, 2009, p.1). ...
The following diagram would highlight on the different performance measures and their linkages in the balanced score card. Figure 1: The Balanced Scorecard links Performance Measures (Source: Kaplan & Norton, 1992, p.72) 2. Characteristics of Balanced Scorecard Characteristics of the scorecard is the presentation of the combination of financial and non financial measures each of which is compared with a target value within a concise and single report. The most unique characteristic of this scorecard is that it determines the most relevant and crucial information by capturing information which is most relevant for the business. Based on the vision of an enterprise, strategies are formulated and derived from its goals. For measuring the achievement of the objectives, relevant characteristic numbers can be assigned to these goals. This translates the enterprise strategy into figures which can then be communicated towards all divisions in the company and therefore can communicate the strategy to all workers in the company (Welz, 2007, p.7). In this way every worker adept to which goals need to be attained first in order to attain the desired objectives of the business. Link between the strategic level and the operational level can be reached by the derivative by further sub goals and relevant figures from the strategy for each department. Because of the fact that the balanced scorecard considers goals which are directly linked with the success of the organization it remains succinct and concise (Niven, 2006, p.xxi). The concept of the balanced score card is to include information and data from all divisions of the organization under the controlling of entrepreneurial success. This is the reason why it is perceived ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Literature Review of Balanced Scorecard in Higher Education”, n.d.)
Retrieved from https://studentshare.org/management/1443267-literature-review-of-balanced-scorecard-in-higher
(Literature Review of Balanced Scorecard in Higher Education)
“Literature Review of Balanced Scorecard in Higher Education”, n.d. https://studentshare.org/management/1443267-literature-review-of-balanced-scorecard-in-higher.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
TQM in Higher Education
Acccording to the paper quality management refers to the structures in the education system that help in resolving the management issues while quality improvement refers to specific improvement processes and best practices which can be chosen by educational institutes to fit into their systems. The quality management plan needs to be supported by facts.
11 Pages(2750 words)Literature review
The Role of Art Education in Curatorial Practice: Literature Review
A look in to the book A Brief History of Curating by Obrist and Bovier (2008), will give a clear picture of how curating has evolved and changed over two centuries. It is pointed out by the work that during 19th and 20th centuries, art was highly connected with exhibitions.
10 Pages(2500 words)Literature review
Literature review
There may also be cases of dismissals, resignations and retirements that will all call for the need to recruit and employ new workers. Even though recruitment and selection are one of the very usual and inevitable corporate practices, it is very important to attend to them with great caution and in by following good recruitment and selection processes that would ensure the company does not suffer the consequences of poor recruitment.
12 Pages(3000 words)Literature review
Literature review
Hence, in this regard, both the private and the public sector have devoted considerable attention to the notion of customer satisfaction, which is a rudimentary basic in the customer-company relationship. Naturally, in order to increase the awareness about this concept, administrators have increasingly encouraged their staff to gain knowledge by studying and researching on this phenomenon of customer satisfaction for the welfare and growth of the organization.
10 Pages(2500 words)Literature review
Literature review
Over the years, the landscape and the modus operandi of the business organizations have changed. This change has affected the job descriptions of the managers also. Now, managers are not treated as just employees with power; rather, they are treated as entrepreneurs with responsibilities.
4 Pages(1000 words)Literature review
Literature Review
Generally speaking, online businesses provide a number of considerable benefits to business owners, as well as to customers. Online retailers are able to increase customer trust through efficient response and better customer relationship management (Hoffman, Novak & Peralta 1999, p.
5 Pages(1250 words)Literature review
Literature review
In China, there are many types of informal financers such as, Rotating Savings and Credit Associations (lending cooperatives formed by members of the society) like, bahui, hehui and yaohui, private lending individuals, lending enterprises and pawn brokers, who extend credit in exchange of non-traditional collaterals such as, jewellery and personal belongings.
8 Pages(2000 words)Literature review
Literature Review of Implementation of Balanced Scorecard
The aim of this research paper is to review the existing literature of management control & performance measurement and identify its significance in the business world. Most importantly, in this research paper, the emphasis will be more on the application and implementation of balanced scorecard, which has overwhelmingly applications throughout business sectors.
22 Pages(5500 words)Literature review
Literature review
These steps and rules were as highlighted as follows. That seems obvious enough, but a lot of people take it personally when they don’t hear back from someone right away. Resist the urge to get upset or mad, and never
2 Pages(500 words)Literature review
Literature review
In summary, the article examines how the issues of multiculturalism in Britain have affected the political thinking in the country. The author bases his arguments on a pivotal moment that
2 Pages(500 words)Literature review
Let us find you another Literature review on topic Literature Review of Balanced Scorecard in Higher Education for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us