• Title/Summary/Keyword: balanced scorecard

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A Delphi Approach to the Development of an Integrated Performance Measurement and Management Model for a Car Assembler

  • Shawyun, Teay
    • Industrial Engineering and Management Systems
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    • v.7 no.3
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    • pp.214-227
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    • 2008
  • Today's dynamic competitiveness requires an organization to improve its performance measurement and management. Quality Management Systems (QMS) abound, the main ones being: ISO series, Malcolm Baldridge National Quality Award (MBNQA), European Forum for Quality Management (EFQM), Six Sigma Business Scorecard and the Balanced Scorecard. Based on the literature, the IPMMM (Integrated Performance Measurement and Management Model) identified 7 key synthesized factors: leadership, strategy management and policy, customer and market, learning and growth, partnership and resources, internal processes and business results that are employed to investigate the key performance indicators of a car assembler using the Delphi methodology. In the 2 rounds of Delphi panels consisting of 20 senior management personnel, the $1^{st}$ round of 198 indicators in the IPMMM yielded 90 indicators. The $2^{nd}$ round yielded 43 performance indicators with 18 rated as critical based on the % assigned in the $1^{st}$ and $2^{nd}$ priority rating of "very important factor" and "key performance indicator" that must be ranked high on both of the priorities. The very critical indicators appeared to be: defect percentage and first time capability (tie in $1^{st}$ place) and revenue, goal setting, customer satisfaction index, on-time delivery, brand image, return on investment, Claim Occurrence Ratio, and debt being ranked from $3^{rd}$ to $10^{th}$. It can be surmised that an organization can identify and develop an appropriate set of performance indicators through the Delphi methodology and implement and manage them based on the Balanced Scorecard.

Analysis of the Causal Relationship of Perspectives of Balanced Scorecard for SCM (균형성과표의 네 관점에 대한 인과관계 분석 : SCM 추진기업들의 경영성과를 중심으로)

  • Jang, Hyeong-Wook
    • Journal of Korea Society of Industrial Information Systems
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    • v.11 no.5
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    • pp.1-10
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    • 2006
  • This study constructs a causal relationship model of balance scorecard(BSC) performance in supply chain management(SCM). According to the results, the sample companies show the causal relationship of learning and growth performance, internal process performance, customer performance, and financial Performance indices in SCM. And this study implies that BSC performance indices gives, through direct causal relations among them, impact on the ultimate financial performance of firms.

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Supply Chain Management of Textile Fashion Industry (섬유(纖維)패션산업(産業)의 공급(供給)사슬관리(管理))

  • Shin, Sang-Soo
    • Journal of Fashion Business
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    • v.11 no.4
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    • pp.221-231
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    • 2007
  • SCM system is required inter-industrial cooperation as well as inter-organizational cooperation. It means not only standardization of inter-organization but also standardization of inter-industry. SCM makes possible one circulation from fiber to retail industry in the respects of information and product flows. QR is the SCM of textile apparel industry, which satisfy customer need with least cost and maximum profit. Customer-oriented supply chain system focused on information sharing, cost reduction, inventory control, lead time reduction, quick response on customer demand. How we can measure the performance of successful SCM is issued on the approach of Balanced Scorecard which evaluates 4 perspectives such as customer perspective, internal business perspective, financial perspective, and innovation and learning perspective. This can project the blueprint of textile fashion business to right direction with vision.

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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Linking Measuring Factors for Service Quality to Balanced Scorecard (서비스 품질평가 요인과 Balanced Scorecard의 연계에 관한 연구)

  • Cha, Jung-Hyun;Kim, Soo-Wook
    • 한국IT서비스학회:학술대회논문집
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    • 2007.11a
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    • pp.667-672
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    • 2007
  • 본 연구는 말콤 볼드리지 요소와 BSC의 각 관점의 KPI 지수간의 연계들 통하여 기업 경영품질향상을 위한 평가모형 구축과 전략 설정을 그 목표로 하고 있다. 기업경영과 관련된 제 영역에 대한 고찰이 가능한 말콤 볼드리지 평가 항목을 살펴보고, 기업경영 성과 측정을 위한 구체적 평가항목을 제시함으로써 부서간 연계 및 인과관계 설정, 전략과의 연계가 가능하여 경영자의 전략 설정과 리더십에 도움을 줄 수 있는 BSC 항목을 살펴 본 후, 기업 경영혁신과 프로세스 개선을 위한 두 평가 항목의 연계를 통하여 평가항목 관리요소의 중복을 제거하고 동일화를 달성, '기업성과 향상' 이라는 공동 목표달성을 위해 MB 및 BSC 두 개선 노선이 시너지를 달성할 수 있는 체계를 마련하고자 한다. 이는 MB와 BSC의 연계방안을 살펴봄으로써 기업의 '경영품질'을 향상시키고, 향상된 경영품질을 구체적 항목에 의거하여 체계적으로 평가할 수 있는 방안을 찾음과 동시에 기업 전략 설정에 이바지할 수 있는 모형구축을 그 목표로 하고 있다.

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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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BSC(Balanced Scorecard)의 한계와 AHP(Analytic Hierarchy Process)의 적용

  • Gang, Hyeon-Su
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.05a
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    • pp.189-192
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    • 2004
  • 최근 국내외적으로 성과측정/ 관리(Performance Measurement/ Management)와 관련하여 BSC(Balanced Scorecard)를 도입 ${\cdot}$ 운용하거나, 도입 ${\cdot}$ 운용을 검토하고 있는 기업이나 조직의 수가 크게 증가하고 있다. 그런데 BSC는 중대한 한계를 가지고 있다. 즉 성과를 측정하는 4가지 관점, 즉 '재무적 관점', '고객 관점', '내부업무 관점', 그리고 '혁신 및 학습 관점'과 각 관점의 측정 기준들 간의 중요도 산출이 매우 중요함에도 불구하고 합리적, 체계적 산출 방법을 결하고 있어 그 효용성을 크게 감소시키고 있다. 이의 극복은 BSC의 효용성을 제고하기 위해 긴요한 바, AHP(Analytic Hierarchy Process)의 적용이 매우 유력한 해결책이 될 것으로 판단된다.

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Implementation and Performance Evaluation of a Firm's Green Supply Chain Management under Uncertainty

  • Lin, Yuanhsu;Tseng, Ming-Lang;Chiu, Anthony S.F.;Wang, Ray
    • Industrial Engineering and Management Systems
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    • v.13 no.1
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    • pp.15-28
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    • 2014
  • Evaluation of the implementation and performance of a firm's green supply chain management (GSCM) is an ongoing process. Balanced scorecard is a multi-criteria evaluation concept that highlights implementation and performance measures. The literature on the framework is abundant literature but scarce on how to build a hierarchical framework under uncertainty with dependence relations. Hence, this study proposes a hybrid approach, which includes applied interpretive structural modeling to build a hierarchical structure and uses the analytic network process to analyze the dependence relations. Additionally, this study applies the fuzzy set theory to determine linguistic preferences. Twenty dependence criteria are evaluated for a GSCM implemented firm in Taiwan. The result shows that the financial aspect and life cycle assessment are the most important performance and weighted criteria.

Balanced Scorecard Based Performance Analysis of Accreditation for Engineering Education

  • Ju, Yonghan;Sohn, So Young;Ahn, Jinsook;Choi, Jin Young
    • Industrial Engineering and Management Systems
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    • v.13 no.1
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    • pp.67-86
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    • 2014
  • The number of students graduating from accredited programs has been increasing annually since the first students graduated from accredited engineering programs in Korean universities in 2004. In this paper, we evaluate the effect of engineering education accreditation by the Accreditation Board for Engineering Education of Korea (ABEEK). We developed performance evaluation indices based on the balanced scorecard concept and applied the proposed indicators to graduates, faculty, and industry employers to see if there are significant differences between accredited and non-accredited groups. Overall, regardless of survey object, engineering education accreditation was perceived to contribute to the elevation of engineering and science and the level of national growth. However, the differences between accredited and non-accredited groups for some key performance indicators were statistically insignificant. The results of this paper are expected to provide crucial feedback information for the improvement of engineering education accreditation in Korea.

Balanced Scorecard for Public Enterprise: The Case of KoCoal (공기업의 균형성과관리: 대한석탄공사 사례)

  • 민재형;장시준
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2001.10a
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    • pp.39-42
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    • 2001
  • 에너지 산업 환경의 변화와 정부의 공기업 평가에 대한 대응책으로 시도된 대한석탄공사(KoCoal)의 균형성과관리(Balanced Scorecard, BSC) 프로젝트는 공기업의 가치제고와 조직원들에 대한 성과 평가의 신뢰성을 제고하기 위한 노력의 일환으로 추진되었다. 본 연구에서는 대한석탄 공사가 새로운 비전과 전략으로부터 균형 잡힌 성과 영역을 판별하고 각 성과영역의 주요성공요인(CSFs) 및 주요 성과지표(KPIs)를 개발하여 연계하는 과정을 제시하고, 균형성과관리 시스템을 조직구성원의 성과 평가와 연결하는 방법을 제안한다. 또한 대한석탄공사의 균형성과관리시스템의 기대효과를 제시하고 시행상의 문제점 및 개선방안을 모색한다.

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