• Title/Summary/Keyword: Balanced scorecard(BSC)

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A study on changes in HRM by introduction Balanced Scorecard(BSC) in the public sector (공공부문에서의 BSC 도입에 따른 인사관리의 변화)

  • Lim, Hyo-Chang
    • Korean Business Review
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    • v.18 no.2
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    • pp.83-110
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    • 2005
  • To comprehend the present state of performance evaluation and management systems and their problems, we examined performance evaluation and management systems that have been used in the public sector and figured out their limits and problems in practical use and then, we searched, from academic basis, for ways to solve those problems and complement the limits. Especially, we focused on developing practical solutions that can be applied to a budget and human resource effectively. We expect this research will provide to public sector a comprehensive foundation for understanding the core concept of myriad theories of performance management in public sector including "Balanced Scorecard" and for finding out the limits and problems of each theories, then it can prepare the alternatives in advance. But the research is restricted within the general guideline for performance management. It doesn't provide practical and detailed action programs that are needed for actual execution. So, further studies on particular action programs are needed to compliment this limit and for coming to stay of performance management system in the public sector quickly, the enactment of performance management is needed as well.

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Application of Performance Indicators for Digital Library Services Focusing on the Analysis of ISO/DIS 11620 : 2007 (디지털도서관 서비스의 성과지표 측정 및 적용 - ISO/DIS l1620 : 2007을 중심으로 -)

  • Choi, Jae-Hwang;Kwak, Seung-Jin;Kim, Jeong-Taek
    • Journal of the Korean Society for Library and Information Science
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    • v.41 no.3
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    • pp.81-102
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    • 2007
  • The purpose of this study is to examine the ISO/DIS 11620 : 2007(library performance indicators) in terms of structures, objectives, and BSC, and to apply the selected performance indicators to the digital library services for the case of 'B' University in Korea. Standardization of library statistics and of qualify or performance measures for libraries is carried on within ISO in the frame of the TC46/SC8/WG4. While the first edition of ISO 11620 grouped the indicators as to service areas, the ISO/DIS 11620:2007 uses the structure of the balanced scorecard(BSC). For the study, 44 performance indicators are grouped into traditional, hybrid. and digital libraries according to the characteristics of them. Ten selected Performance indicators, which are classified into digital libraries, are verified for the applicability.

A Study on Performance Measurement of Generational Diversity Company using Balanced Scorecard (BSC): The case of Japanese Companies (균형성과평가(BSC)모델을 활용한 청년·고령자 고용상생기업의 경영성과측정 -일본의 사례분석을 중심으로-)

  • Kim, Moon-Jung;Chung, Soon-Dool;Kim, Ju-Hyun
    • Korean Journal of Labor Studies
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    • v.23 no.1
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    • pp.221-253
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    • 2017
  • This study aims at analyzing the management strategy and performance of companies that have been pursuing Generational Diversity. The management strategies were examined in terms of production, organizational structure and skill development. Performance was then evaluated using Balanced Scorecard (BSC). We selected four Japanese companies that practice Generational Diversity between the younger(age less then 34) and older generation(age older then 65). Our findings suggest the following. The common management strategies of the four companies include 1) creating generation-diverse teams 2) ensuring flexible work arrangements and 3) providing skill training programs. These strategies have yield positive outcomes such as sales increase, cost reduction (financial perspective) and expansion of the market share (customer perspective). Non-financial performance includes improvement of product and service quality (internal business perspective) and skill improvement of both the young and the old workers (learning and growth perspective). This study provides practical implications to domestic companies for their successful management of generational diversity in workplace.

A Study on Implementing BSC in the Public Enterprises : The Case of Korea Southern Power (공기업의 BSC 구축에 관한 연구: 한국남부발전(주) 사례를 중심으로)

  • Suh, Woo-Jong;Park, Jin-Bae;Hong, Jin-Won
    • Journal of Korea Society of Industrial Information Systems
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    • v.14 no.4
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    • pp.163-182
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    • 2009
  • The BSC(Balanced Scorecard), a strategic performance evaluation system, has drawn attention as an innovative tool for improving an organization's performance. Recently, the Korean government has recognized the advantages of the BSC and encouraged public enterprises to implement the BSC. However, it has been pointed out that many public enterprises have faced difficulties in constructing and operating the BSC due to lack of clear understanding, a complex environment of performance evaluation, and inherent features of organizational culture. Therefore, this study analyzed a project case of a public enterprise, Korea Southern Power (KSP), which has ever been assessed as an excellent organization in implementing BSC and managing performance. This paper provides procedures, activities, resources (manpower and time), and decision-making issues and criteria required for implementing BSC, along with real project outcomes of the company. Such project details are expected to be used as helpful guidelines for public or non-profit organizations's BSC implementation. Furthermore, the KSP's efforts to cope with its problems and implications derived from the efforts are also expected to help other organizations construct and operate the BSC effectively.

A Study on Design of S-BSC(Safety-Balanced ScoreCard) for Total Safety Evaluation (종합 안전평가를 위한 S-BSC(Safety-Balanced ScoreCard) 설계에 관한 연구)

  • Yang, Kwang-Mo
    • Journal of the Korea Safety Management & Science
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    • v.10 no.3
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    • pp.1-8
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    • 2008
  • Risk is the probability of an adverse event given exposure to hazard. There are many reason for unsafety situation without safety operation. The reason is no safety evaluation system in small enterprise. And then this study purposes safety management activities that is evaluation system for total safety efficiency's maximization. Therefore, in this study, this model that can evaluate quantitative activities in small enterprise that maximize safety efficiency wishes to do design using balanced scorecard. In other words, this study aims to suggest a performance measurement model reflecting the characteristics of safety evaluation system, especially the model for return manufacturing related to safety, and to develop the S-BSC(Safety-Balanced ScoreCard) measurement model using a weight lifetime value to which a relative weight is applied by using AHP based on the BSC.

TOC Viewpoints on BSC, Friend or Foe? (TOC 관점의 BSC, 친구인가 적인가?)

  • 정남기
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2002.05a
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    • pp.489-491
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    • 2002
  • BSC(Balanced Scorecard)는 재무지표 뿐 아니라 비재무지표의 활용도를 높여 기업의 성과를 측정하며, 재무, 고객, 내부 프로세스 그리고 학습과 성장의 시각에서 성과측정지표를 결정하고 이를 균형있게 관리하려는 접근법이다. BSC가 비재무지표의 활용도를 높인 것은 큰 성과로 여겨지지만 지표를 선정하고 이를 향상시키기 위한 요소를 찾는 것은 여전히 해결해야 할 과제로 남는다. 이 논문은 TOC 관점에서 BSC를 이해하고 BSC가 보다 성공적인 전략실행 도구가 될 수 있는 논의를 제안한다. TOC와 BSC가 서로 협력하여 성과를 거두기 위해서는 BSC가 성과지표를 원가회계보다는 쓰루풋회계를 활용하여 측정하고, 성과지표 선정에서도 제약과 비제약을 구분하는 기준이 도입되어야 할 것이다.

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Development of Safety Balanced Scorecard

  • Yang, Gwang-Mo;Song, Bit-Na
    • Proceedings of the Safety Management and Science Conference
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    • 2008.11a
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    • pp.229-239
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    • 2008
  • This study aims to suggest a performance measurement model reflecting the characteristics of safety evaluation system, especially the model for return manufacturing related to safety, and to develop the S-BSC(Safety-Balanced ScoreCard) measurement model using a weight lifetime value to which a relative weight is applied by using AHP based on the BSC.

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Development of Organizational Performance Evaluation Indicators of A Public Health Center Using Balanced Scorecard Approach - Health Promotion Team of K City Public Health Center - (BSC기법을 이용한 보건소 성과평가지표 - K시보건소 건강증진팀을 대상으로 -)

  • Shin, Eui-Chul;Sohn, Hae-Sook;Koh, Kwang-Wook;Shin, Jun-Ho;Lee, Mu-Sik;Na, Baeg-Ju;Choi, Soo-Mi;Kim, Ye-Soon;Jeong, Jong-Sup;Lee, Key-Hyo
    • Health Policy and Management
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    • v.16 no.3
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    • pp.52-69
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    • 2006
  • Researchers indicates several issues as to performance evaluation methods for public health centers. Firstly, health centers are passively involved in the evaluation process, the performance indicators are activity-oriented, and mostly unrealistic. Balanced Scorecard is one of the methods for evaluating organizational performance, which is utilized at current in many industries including public sector. The purposes of this study is to apply balanced scorecard approach to a public health center and to develop performance indicators as well as their vision and strategies. For developing performance indicators, researchers selected K City Public Health Center and implemented brainstorming with members of health promotion team. Through team process they suggested goals, strategies and several indicators they considered proper to accomplish their shared vision. And then appropriateness of the indicators were evaluated by professional researchers in health promotion field for consensus building by email questionnaire. Based on survey and professional consensus meeting, 11 performance indicators were tailored in four perspectives as well as 6 strategies and 10 strategic goals, which are steps for accomplishing shared vision of health promotion team. For details, refer to the paper. Most members of health promotion team were satisfied with the indicators. However issues such as low level of recognition and familiarity with a new concept of BSC, and cultural resistance to strategic approach in public organizations should be addressed for future application and dissemination of BSC technique to public health organizations.

Evaluating website performance using formula and balanced scorecard methods

  • Hou, Liyao;Hong, Jong-Yi;Suh, Eui-Ho
    • 한국경영정보학회:학술대회논문집
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    • 2007.06a
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    • pp.764-769
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    • 2007
  • This paper proposes a new model to· evaluate the effectiveness of websites using balanced scorecard (BSC) and weighted formula based methods.fisrt, we Use BSC method to find out the cause-and-effect relationships between the measure and website activities, and our proposed model evaluates website performance from six perspectives: business value, operational excellence, customer value, website interface, management, maintenance, and learning and innovation. Next, we usedformula-based approach to identify what makes website performance low by developing the evaluation formula through investigating website users; finally, case studies of two famous websites are given to show how our method can be used Our evaluation model can not only evaluate website performance but also suggest how to improve performance.

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The Relationships among Market Orientation, Learning Orientation, IT Support for Resource, IT Support for Strategy, and Performance in Export Firms (수출기업의 시장지향성 및 학습지향성이 성과에 미치는 영향 - 기업의 정보기술 활용을 중심으로 -)

  • Hwang, Kyung-Yun
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.271-295
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    • 2010
  • In this study, we investigate the relationships among organizational market orientation, learning orientation, information technology(IT) support for firm resource, IT support for strategy, and balanced scorecard(BSC) performance in export firms. The development of the research model is based on the empirical studies of strategy and resource-based view. The data from the survey was analyzed using Partial Least Squares(PLS). The results from the empirical model suggest that IT support for firm resource is effected by market orientation and learning orientation. And, IT support for strategy is enhanced by IT support for firm resource. Finally, BSC performance of export firms is effected by IT support for strategy.

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