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 Berufsfreiheit und Wirtschaftstätigkeit der Kommunen by Christoper Dewangga Pramudita
Cover of the book Ethisches Argumentieren in der Schule by Christoper Dewangga Pramudita
Cover of the book Photolyse von CS2 und massenspektrometrischer Nachweis angeregter Schwefelatome mit Hilfe von Laser-Produzierter-Plasma-Strahlung by Christoper Dewangga Pramudita
Cover of the book The Metaphorical Mother-Figure by Christoper Dewangga Pramudita
Cover of the book Walter Benjamins Produktionsbegriff in 'Der Autor als Produzent'. Eine Textdiskussion by Christoper Dewangga Pramudita
Cover of the book Das Tabu der Synchronität der Bewegung by Christoper Dewangga Pramudita
Cover of the book Umwelteinflüsse im Mittelalter by Christoper Dewangga Pramudita
Cover of the book Depressionen im Fußball by Christoper Dewangga Pramudita
Cover of the book Handlungsorientierter Unterricht by Christoper Dewangga Pramudita
Cover of the book Modernes Kundenmanagement im Private Banking am Beispiel der Credit Suisse by Christoper Dewangga Pramudita
Cover of the book Die 'Mental Map' Russland by Christoper Dewangga Pramudita
Cover of the book Wahrheitsannäherung - ein Weg zu einer besseren Welt by Christoper Dewangga Pramudita
Cover of the book Der Konstruktivismus als innovative Lerntheorie oder mehr Schein als Sein by Christoper Dewangga Pramudita
Cover of the book Motivation in der Personalentwicklung - Zur Wirkung von Motivation und Interesse auf das Lernen by Christoper Dewangga Pramudita
Cover of the book Governance in sozialen Online-Plattformen 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