Benefits of Introducing the Indicators-based Balanced Scorecard as Strategic Controlling Instrument for Implementation of Corporate Strategy from Four Different Perspectives

Business & Finance
Cover of the book Benefits of Introducing the Indicators-based Balanced Scorecard as Strategic Controlling Instrument for Implementation of Corporate Strategy from Four Different Perspectives by Christoper Dewangga Pramudita, GRIN Verlag
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Christoper Dewangga Pramudita ISBN: 9783668173682
Publisher: GRIN Verlag Publication: March 15, 2016
Imprint: GRIN Verlag Language: English
Author: Christoper Dewangga Pramudita
ISBN: 9783668173682
Publisher: GRIN Verlag
Publication: March 15, 2016
Imprint: GRIN Verlag
Language: English

Bachelor Thesis from the year 2015 in the subject Economics - Other, grade: 2,1, University of Applied Sciences Bremen, language: English, abstract: Nowadays, many companies should not only discuss about how to obtain profits from their products, which are successfully sold to their customers, but also they should be forced to use any other aspects that are able to give more impact for their long-term success. For examples, discussing about quality of their products, relationship between them and their customers and employees, and the production process as well as marketing. Those are the challenges for all managers who are not only struggling in achieving company's targets - high profits but also in achieving customer, employees and stakeholders satisfaction. Schermerhorn (2011, p. 16) generally sees the role of managers in a company and stated that all managers, regardless of their titles, levels, types, and organisational settings, are responsible for the four primary management functions which are defined by Lewis, et al. (2007) as planning, organising, leading, and controlling. a)Planning should be described that managers have tasks in setting targets and in defining actions that are necessary to achieve the targets of their companies. b)Organizing involves determining the assignments to be done and how those assignments would be managed and coordinated to reach the company's targets. c)Leading should be defined that managers should be able to guide, to motivate, and to lead the employees in order to effectively and efficiently achieve company's targets. d)Controlling requires the managers to monitor process of planning, leading and organising whether its process may be able to help reaching the targets, targets have been achieved as expected and applied strategies have been effective or not. It is difficult for managers to accept the challenges. Therefore, managers need to seek out an approach which is able to help them finishing their tasks and involves not only one aspect but any other aspects, such as customers, shareholders, internal business processes and employees. For other aspects, Tesarovicova (2008) clarified that a higher return on the funds and an increase of the company value is expected by shareholders and owners since customers expect a higher value and quality of products. Nevertheless, the problem appears where to reconcile conflicting demands of individual interest groups are not easy. [...]

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Bachelor Thesis from the year 2015 in the subject Economics - Other, grade: 2,1, University of Applied Sciences Bremen, language: English, abstract: Nowadays, many companies should not only discuss about how to obtain profits from their products, which are successfully sold to their customers, but also they should be forced to use any other aspects that are able to give more impact for their long-term success. For examples, discussing about quality of their products, relationship between them and their customers and employees, and the production process as well as marketing. Those are the challenges for all managers who are not only struggling in achieving company's targets - high profits but also in achieving customer, employees and stakeholders satisfaction. Schermerhorn (2011, p. 16) generally sees the role of managers in a company and stated that all managers, regardless of their titles, levels, types, and organisational settings, are responsible for the four primary management functions which are defined by Lewis, et al. (2007) as planning, organising, leading, and controlling. a)Planning should be described that managers have tasks in setting targets and in defining actions that are necessary to achieve the targets of their companies. b)Organizing involves determining the assignments to be done and how those assignments would be managed and coordinated to reach the company's targets. c)Leading should be defined that managers should be able to guide, to motivate, and to lead the employees in order to effectively and efficiently achieve company's targets. d)Controlling requires the managers to monitor process of planning, leading and organising whether its process may be able to help reaching the targets, targets have been achieved as expected and applied strategies have been effective or not. It is difficult for managers to accept the challenges. Therefore, managers need to seek out an approach which is able to help them finishing their tasks and involves not only one aspect but any other aspects, such as customers, shareholders, internal business processes and employees. For other aspects, Tesarovicova (2008) clarified that a higher return on the funds and an increase of the company value is expected by shareholders and owners since customers expect a higher value and quality of products. Nevertheless, the problem appears where to reconcile conflicting demands of individual interest groups are not easy. [...]

More books from GRIN Verlag

Cover of the book 'L´espoir' von Malraux und 'Pilote de guerre' von Saint-Exupéry: Denken und Handeln in Zeiten des Krieges by Christoper Dewangga Pramudita
Cover of the book Freemium als Erlösmodell der Spieleindustrie by Christoper Dewangga Pramudita
Cover of the book Die Entwicklung des Königsideals in England (757-1216) by Christoper Dewangga Pramudita
Cover of the book Marketing Plan Cinnabon Company by Christoper Dewangga Pramudita
Cover of the book Effektives und zeitgemäßes Klassenmanagement. Wege zu einem erfolgreichen Lernen im Schulalltag by Christoper Dewangga Pramudita
Cover of the book Theorien der Leistungsmotivation: Förderung von misserfolgsmotivierten Grundschülern by Christoper Dewangga Pramudita
Cover of the book Stimmbildung und Singen in der Grundschule unter dem Aspekt der Wirkung auf die Persönlichkeit und auf soziale Kompetenzen von Kindern by Christoper Dewangga Pramudita
Cover of the book Der Prozess gegen den Templerorden - ein politischer Prozess? by Christoper Dewangga Pramudita
Cover of the book Das Familienbewusstsein des Gregor von Tours by Christoper Dewangga Pramudita
Cover of the book Flüchtlinge in der Sowjetischen Besatzungszone (SBZ) 1945-1948. Eine kritische Betrachtung der politischen Integrationsmaßnahmen by Christoper Dewangga Pramudita
Cover of the book Die veränderten Machtverhältnisse zwischen Staat und Multinationalen Konzernen in der internationalen politischen Ökonomie by Christoper Dewangga Pramudita
Cover of the book Supply Chain Management - Idee, Aufgaben und Ziele by Christoper Dewangga Pramudita
Cover of the book Korruption. Aktueller Stand, Auswirkungen, Präventionsmaßnahmen by Christoper Dewangga Pramudita
Cover of the book Schulentwicklung an der Hauptschule Grünburg - eine Schule mit sozialem und kommunikativem Schwerpunkt by Christoper Dewangga Pramudita
Cover of the book Inflation Targeting after the Crisis. The Past, Present and Future of Monetary Policy by Christoper Dewangga Pramudita
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy