• Title/Summary/Keyword: Balanced Scorecard

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Performance Evaluation of Knowledge Workers in Knowledge-based Organization (지식기반조직의 지식근로자 성과평가에 관한 연구)

  • 민재형;이영찬;정순여
    • Journal of the Korean Operations Research and Management Science Society
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    • v.25 no.3
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    • pp.137-154
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    • 2000
  • This paper suggests a balanced scorecard (BSC) framework for measuring and evaluating the performance of knowledge workers in professional service firms(PSFs) which are typical knowldege-based organizations. As a strategic learning system, the balanced scorecard allows business leaders to drive and modify their business strategies based on the balanced measurement of key performance indicators(KPIs), which are basically divided into four domains such as financial achievement, customer orientation, internal business process, and innovation and learning. Conducting a focused case study on performance evaluation of knowledge workers from a balanced viewpoint, we could evaluate their competency and potential in more comprehensive manner. We also employ the analytic hierarchy process (AHP) approach for derive relative weights of key performance indicators and link it to a spreadsheet model for rating the individual performance of knowledge workers in a systematic way.

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Application of the Balanced Scorecard for the Performance Measurement in Health-care Organization (의료기관에서의 Balanced Scorecard를 이용한 성과측정)

  • Chun, Je-Ran
    • The Journal of the Korea Contents Association
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    • v.9 no.4
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    • pp.254-264
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    • 2009
  • The purpose of this study was to develop a performance measurement factor of Balanced Scorecard(BSC) for health-care organization. We did also the research to evaluate the validity and reliability of these indicators. Fifty six health-care organizations are participated in a survey questionnaires. This questionnaires consists of 53-questions, which are the performance evaluation indicators designed by researcher, which are based on the Norton and Kaplan's BSC-Framework. Exploratory and confirmatory factor analysis was carried out and Analytical Hierarchy Process (AHP) was applied to analyze the weight and significances of each factor. Factor analysis of the BSC resulted in 11 major measurement factors (Eigenvalue >1.0). The AHP analysis showed the list of the hospital BSC measurement factors and its KPI(Key Performance Indicator) weighted by its significance priorities. The recommendable degree of reliability and validity of these BSC factors suggests that these factors are adequate for performance measurements of the health-care organizations in Korea.

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.

The Effect on Start-up Performance and Organizational Trust of Receptiveness for Balanced Scorecard in Business Incubator (입주기업의 성과관리 수용성이 창업보육센터 조직신뢰 및 창업성과에 미치는 영향)

  • Park, Jin-Won;Kang, Ho-Jung
    • The Journal of the Korea Contents Association
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    • v.14 no.10
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    • pp.730-740
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    • 2014
  • The purpose of this study is to find empirically the effect on start-up performance and organizational trust of receptiveness for balanced scorecard in tenant companies of business incubator. In order to achieve the purposes of this study, we collected survey data for 216 employees in order to verify the research model and the hypothesis, we performed structural equation model analysis by using AMOS 18.0. Results of this study are as follows. First, receptiveness for balanced scorecard in tenant companies of business incubator has positive effect on organizational trust significantly. Second, receptiveness for balanced scorecard in tenant companies of business incubator has positive effect on start-up performance significantly. Third, organizational trust for business incubator has positive effect on start-up performance significantly.

A Study of the Effectiveness of IT Asset Management Through Application of Balanced Scorecard in the Public Organizations (BSC를 활용한 공공기관의 정보기술 자산 관리의 효과성에 관한 연구)

  • Choi, Jun-Hyeog;Kim, Hyung-Jin
    • Journal of the Korea Society of Computer and Information
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    • v.17 no.6
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    • pp.191-199
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    • 2012
  • By the way, in light of the knowledge, even public institutions are paying much attention to the management of IT assets for achieving organizational goals. Recently, some public institutions adopt balanced scorecard for enhancing efficiency in operations and management of total administrations. To be interested, some key performance indicators(KPI) of the balanced scorecard reflect the three aspects of IT assets and their possible outcomes. The main focus of this study is to investigate whether there is positive effects of IT asset management through balanced scorecard at public institutions. Specifically, we selected and classified KPIs into different categories depending on three aspects of IT assets, internal process change, and organizational outcomes. To address relationships of KPIs among the categories, we specified each category and developed as a variable respectively. A middle-sized city provided us with 138 KPIs for the development of scales.

A Study on the Development of Performance Indicators for the National Library of Korea using Balanced Scorecard(BSC) (균형성과표(BSC)를 활용한 국립중앙도서관 성과지표 개발에 관한 연구)

  • Kim, Suejeong;Cha, Mikyeong
    • Journal of the Korean Society for Library and Information Science
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    • v.55 no.1
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    • pp.251-283
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    • 2021
  • As a national library, the National Library of Korea is responsible for collection, provision, and preservation of national knowledge, information, and cultural heritage. This study aims to develop performance indicators as a rational tool to improve management of the National Library of Korea for its continuous growth and development. The performance indicators are based on the BSC(Balanced Scorecard), which is useful for linking the organization's strategies in response to changes in the library environment with performance measurement. As a result, 4 BSC-based perspectives (① Resources, Access, Infrastructure Perspective, ② Usage Perspective, ③ Efficiency Perspective, ④ Potential and Growth Perspective), 19 key success factors, and 71 performance indicators were developed for the National Library of Korea. Also, differences in perception of performance indicators by ranks and job duties at the National Library of Korea were analyzed.

A Study on the Beyond Budgeting Model at Borealis (오스트리아 Borealis사(社)의 예산 없는 경영 연구)

  • Han, Ha-Neul
    • Korean Business Review
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    • v.20 no.2
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    • pp.47-60
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    • 2007
  • The purpose of this study is to investigate the beyond budgeting model at Borealis Group. This company have succeed in beyond budgeting by rolling financial forecasts, balanced scorecard, Activity-based costing, and decentralized investment management. As study finding of this paper, proposed following items to domestic enterprises. The first, improvement of plan function of budgeting by rolling financial forecasts. the second, strategy and budget more than strong link by balanced scorecard. the third resource's strategic arrangement and efficient use. the fourth competitive advantage strategies associated with relative performance evaluation, the fifth, compensation public ownership by relative performance.

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Evaluating Performance of Vietnamese Public Hospitals Based on Balanced Scorecard

  • PHAM, Cuong Duc;VU, Sen Thi;PHAM, Yen Thi Kim;VU, Nam Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.339-349
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    • 2020
  • The study evaluates the performance of public hospitals in Vietnam by applying the Balanced Scorecard (BSC). The authors first review the literature to find the research gap of performance in public hospitals. Then, we built Likert questionnaires to collect data from more than 200 managers of public hospitals in the Northwestern provinces of Vietnam. The research uses correlation regression to evaluate the performance based on the influence of factors in the BSC model, including Strategic planning, Internal process, Finance, Mission, Customer, and Employee learning and growth. The results show that the performance of public hospitals in the research sample is influenced by the factors in the BSC model in descending order based on the regression coefficient as follows: Internal process, Finance, Mission, Strategic planning, Customer, Employee learning and growth. Based on the quantitative research findings, we continue by conducting some deep interviews with specialty to propose intensive recommendations about how to implement Mission, Internal process, Financial policies, etc. to managers in public hospitals with an aim to improve the performance of public hospitals in the Northwestern mountainous region of Vietnam. The lessons could be applied for other public hospitals in Vietnam and other jurisdictions that have similar conditions.

Key Success Factors of Blockchain Platform for Micro-enterprises

  • YANG, Mei-Hsiang;LEE, Tzong-Ru;CHANG, Tin-Chang
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.3
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    • pp.283-293
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    • 2019
  • The purposes of the study are threefold: (1) develop key successful factors of blockchain platform for micro-enterprises based on Balanced Scorecard (BSC), (2) find out the correlation between the key successful factors of blockchain platform for micro-enterprises, and (3) understand the perception of micro-enterprise blockchain and the difference between theoretical guidance and practical application. This study combines Interpretative Structural Modeling Method, (ISM) and Decision-Making Trial and Evaluation Laboratory (DEMATEL) to analyze the causal relationships and hierarchical structures of the 12 key successful factors of blockchain platform for micro-enterprises and understand the correlation between factors. The 12 key successful factors developed based on the four perspectives of the Balanced Scorecard, and the questionnaire designs based on the concept of DEMATEL, and then analyzed data by DEMATEL and ISM methods to understand the correlation between key factors. The research results show that the key successful factors of blockchain platform for micro-enterprises include "brand equity", "security and anti-counterfeiting", "sales growth", "transparency and clear", "trust", "consensus mechanism", "traceability", "consistency", "tracking", "innovation management", "international", "organizational adaptation", in which consumer "trust" plays an important role. Micro-enterprises can use blockchain to expand the market, provide customers with better service quality, and bring sales growth to micro-enterprises.

Balanced Scorecard Perspective Analysis of Institutional Performance Evaluation for Government S&T Research Institutes (과학기술계 출연연구기관 기관평가지표의 BSC 관점 분석)

  • Nam Yeong-Ho;Kim Byeong-Tae
    • Journal of Technology Innovation
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    • v.13 no.1
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    • pp.265-293
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    • 2005
  • This research examines the relationship between the characteristics of Government S&T Research Institutes (GRI) and their institutional performance evaluation system. First, based on Kaplan & Norton (1992) Balanced Scorecard Model, six perspectives suitable to Korean GRI are derived. Second, personnel who works on evaluation job classified current performance measures into the six perspectives. Analyzing comparative weights of individual perspectives, the characteristics of performance evaluation systems among institutes are derived and compared with their missions. The results are as follows: First, GRI evaluation systems put most weight on the customer perspective and least weight on the financial perspective. This result complies with Korean GRI's missions and strategies as well as findings of foreign cases. Second, Basic-technology GRI group relatively more priotizes long-term customer perspective, while Applied-technology GRI Group relatively more priotizes short-term customer perspective. Public-technology GRI Group is located in the middle in terms of priority of customer perspectives. Third, for three yews (2000-2002), performance measure weights of Basic-technology Group are changed much less than those of the other two groups. Further research are needed for reasons of drastic changes for Applied-technology and Public-technology groups and some abnormally high and low measure weights.

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