StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Quality in Practice: Using the Balanced Scorecard at USPS - Essay Example

Cite this document
Summary
The United States Postal Services (USPS) is a public institution that provides postal services, which tasks it with numerous responsibilities that put it in a unique position unlike other private sector organizations. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.5% of users find it useful
Quality in Practice: Using the Balanced Scorecard at USPS
Read Text Preview

Extract of sample "Quality in Practice: Using the Balanced Scorecard at USPS"

Download file to see previous pages

USPS has been operating under a balanced scorecard initiative that is divided into three major areas of execution that are known as management cycles (Kaplan & Norton, 2001). ‘Voice of the employee’ focuses on providing secure and safe working environment that enhances employee welfare. This serves to increase employee productivity, which is facilitated by suitable working conditions. Voice of the employee works to support “voice of the business” by helping the USPS achieve its entrepreneurial goals and objectives.

Motivated and satisfied employees are better placed to work efficiently and effectively in line with the institutions short and long term goals of production. Enhancing and improving the voice of business, which is divided into two categories, with one being expressly concerned with ensuring customer satisfaction and service. This means that the three areas of focus that are addressed by the USPS balanced scorecard have a cascading effect from one area to another. This is in the sense that efficiency and effectiveness in one area reflects positively on the other areas.

Thus, enhancement and improvement in the voice of business will guarantee the support and achievement of customer satisfaction through the voice of the customer initiative.. The national performance assessment tool that is used on customers is one area where the USPS balanced scorecard can gain from in terms of improvements in their services (Kaplan & Norton, 2001). This is in the sense that that the six item index can be increased to include customer responses and suggestions on how to improve services rendered to them by the service provider.

Customer suggestions can provide profound insights into ways that can be embraced to enhance and improve USPS services and business activities. The USPS balanced scorecard can increase its use of technology to reduce labour costs, which would contribute to increase the institution’s strategy on financial stability (Rainey, 2010). The use of a balanced scorecard by USPS has seen to its emergence as the most suitable field of employment for minority groups within the US (Niven, 2011). This has been due to the implementation of measures that ensure the provision of a safe and secure workplace environment (Rainey, 2010).

According to Niven (2011), this has reduced or eliminated of violence and poor employee relations. The implementation of the balanced scorecard approach by USPS saw the institution survive its imminent demise in light of rapid technological advancements that could have made its services irrelevant. Developments like the internet email and social media threatened traditional postal services, but with the implementation of the balanced scorecard, this was averted. A balanced scorecard has enabled the institution improve its financial position by increasing revenue collection and the achievement of financial goals.

The application and implementation of

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Quality in Practice: Using the Balanced Scorecard at USPS Essay”, n.d.)
Quality in Practice: Using the Balanced Scorecard at USPS Essay. Retrieved from https://studentshare.org/management/1486964-quality-in-practice-using-the-balanced-scorecard-at-usps
(Quality in Practice: Using the Balanced Scorecard at USPS Essay)
Quality in Practice: Using the Balanced Scorecard at USPS Essay. https://studentshare.org/management/1486964-quality-in-practice-using-the-balanced-scorecard-at-usps.
“Quality in Practice: Using the Balanced Scorecard at USPS Essay”, n.d. https://studentshare.org/management/1486964-quality-in-practice-using-the-balanced-scorecard-at-usps.
  • Cited: 1 times

CHECK THESE SAMPLES OF Quality in Practice: Using the Balanced Scorecard at USPS

Application of strategic planning in an organization

This calls for the development of a balanced scorecard and applying the concept of strategic mapping in the aligning the organization's units.... A balanced scorecard is a business presentation model that allows the organization to relate its financial and non-financial aspects for strategic planning of the business goals and prospects.... A balanced scorecard can be used to link the intangible and the tangible assets and help eliminate most of the challenges faced by modern day organizations....
6 Pages (1500 words) Case Study

Balanced Scorecard Implementation

Thus the ERP environment of the business organization is all about information systems and their design and implementation by using the balanced scorecard (BSC) framework.... balanced scorecard (BSC) in the modern business organization has become a more complex and diverse framework of reference for analysis and its ever increasing importance against the backdrop of the evolving Enterprise Resource Planning (ERP) environment cannot be ignored due to the fact that BSC isn't a mere framework of reference to measure critical success factors and their performance related success but also a holistic system of paradigms that invariably presupposes the existence of a multivariate structural approach to solving the challenges presented by it....
22 Pages (5500 words) Essay

Methods for Strategic Development

The techniques which support strategic development and have been selected to be focused on in this paper are the balanced scorecard technique and that of SWOT analysis and TOWS matrix.... the balanced scorecard approach is a performance management tool which measures the small scale operation activities of an organization and aligns the objectives to the vision and the main strategy of the organization.... (Pangarkar, & Kirkwood, 2007) Through the methodology of the balanced scorecard, the perspectives of the business or the organization are divided into four different perspectives which have been highlighted as the financial, the customer, the internal process and the innovation and learning perspectives....
8 Pages (2000 words) Case Study

Critical Review of The Balanced Scorecard -Measures That Drive Perfornnance

This paper talks about the balanced scorecard (BSC) which developed by Kaplan and Norton enables the organization to look at the business from four different perspectives.... The scorecard must be linked to the corporate goals and objectives without which the reports generated may not serve the purpose.... However, as organizations started using it, several factors came to light....
14 Pages (3500 words) Essay

Moonsnail Strategic Management Accounting

This paper “Moonsnail Strategic Management Accounting” aims at discussing a few aspects of the strategic planning of the company and provides recommendations to the company to improve their current market position and overall quality of their products.... As understood, the company deals with handmade products and this helps in ensuring high-quality products with least defects.... As understood, the company deals with handmade products and this helps in ensuring high-quality products with least defects....
13 Pages (3250 words) Essay

Operation Management asignment

Operations management is the activity of dealing with the responsibilities of managing the resources crucial in the production and supply of goods and services in any organisation.... Many organisations have a department that deals with operations management.... Operations managers… These departments have a role in formulating organisations' strategies (Kamauff 2009, p45). The role of this section in any organisation is the central one....
4 Pages (1000 words) Essay

Treatment of Goodwill: Aragon Limited

This paper “Treatment of Goodwill: Aragon Limited” is intended to provide simplified explanations of some of the accounting principles, risk evaluation methods and treatment of expenses in the final accounts of Aragon Limited for persons of non-financial background in its director board....
16 Pages (4000 words) Case Study

Financial and Non Financial Measures of an Organisation

Customers and employees as presented above could participate in the balanced scorecard system (which also interacts with EVA as described previously) and in this way a direct link between the company's financial and nonfinancial measures is built.... The most applicable method for the evaluation of a firm's performance seems to be the balanced scorecard system which is cooperating with the economic value added (EVA) measure in order to achieve the desired result....
11 Pages (2750 words) Research Paper
sponsored ads
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.
Contact Us