StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Readiness of the Saudi Government to Implement a Balanced Scorecard in its Public Sector - Report Example

Summary
The paper "Readiness of the Saudi Government to Implement a Balanced Scorecard in its Public Sector" is a great example of a report on management. Niven (2006) points out that most companies present in the current increasing organization changes, stiff competition have to devote a substantial amount of time, effort, and human and economic resources to determine their performance in achieving strategic objectives…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.1% of users find it useful

Extract of sample "Readiness of the Saudi Government to Implement a Balanced Scorecard in its Public Sector"

Download file to see previous pages

The paper "Readiness of the Saudi Government to Implement a Balanced Scorecard in its Public Sector" is a great example of a report on management. Niven (2006) points out that most companies present in the current increasing organisation changes, stiff competition have to devote a substantial amount of time, effort and human and economic resources to determine their performance in achieving strategic objectives. Majority of these organisations endeavour in this pursuit channelling much effort and other costs, unfortunately, most of them are dissatisfied with their performance measurement strategies (Butler, Letza & Bourne 2000).

In fact, the trend appreciating for most companies has submitted to the fact that while the measurement is a critical endeavour, their strategies of capturing, monitoring and correlating performance information are crucially defective. Current systems in various ways bear a fundamental to their reporting pioneers. However, the approaches of business have revolutionised dramatically across the years, and the systems of performance measurement have been sustained definitely delayed in the previous periods.

This paper takes an extensive approach and study of the basic scorecard and their subsequent readiness of implementation in the public sector of the Kingdom of Saudi Arabia. The paper is focused on the following objectives:To examine the readiness of the implementation of the Learning & Growth perspective of the balanced scorecard in the Saudi public sector, from the perceptions of CEOs, managers, HR professionals’, and employees.To identify any differences among the participant's perceptions regarding the readiness of the implementation of the Learning & Growth perspective of the balanced scorecard in the Saudi public sector.

To improve our understanding of how performance management systems like the balanced scorecard work in different institutional and cultural settings, particularly the Saudi Arabian public sector.The major four balanced scorecards perspectives are Financial, Customer, Internal Process and Employee Learning and Growth. Companies worldwide have welcomed the performance measurement strategy and reaped rapid benefits from its inception principles (Kawach 2011). These benefits put into consideration the incorporation, and an unrelenting concentration on strategy, among others. . In order to achieve their goals and objectives, companies and public corporation ought to effectively incorporate a balanced scorecard in their daily operations.

...Download file to see next pages Read More

CHECK THESE SAMPLES OF Readiness of the Saudi Government to Implement a Balanced Scorecard in its Public Sector

Balanced Scorecard Approach

According to them, a balanced scorecard “defines the set of near-term objectives and activities, the drivers that will differentiate a company from its competitors and create long-term customer and shareholder value, the outcomes.... The most fascinating feature of a balanced scorecard is that a set of financial and non-financial tools are presented in a single succinct report by comparing each tool to a ‘target' value.... balanced scorecard Approach: A Critical Review ...
10 Pages (2500 words) Essay

Balanced Scorecard and Its Application to Not-For-Profit Organisations

Critical Evaluation of the Balanced Scorecard and its Development The concept of a balanced scorecard can be traced to various sources including Peter Drucker's “management by objectives” (Balanced Scorecard Review n.... This development has indeed resulted in an increase in its scope to make it more applicable to all organisations including not-for-profit organisations.... Name: Course: Instructor: Date: Balance Scorecard and its application to not-for-profit organisations Introduction The balanced scorecard (BSC) is a strategic management technique that is used to communicate and evaluate the achievement of the mission and strategy of the organisation (Drury 2009)....
4 Pages (1000 words) Essay

Balanced Scorecard in Higher Education

From the paper "balanced scorecard in Higher Education" it is clear that institutions availing of continuous improvement strategies such as balanced scorecard have been finding them proven methodologies to be used for enhancing effectiveness and creating institutional agility.... The balanced scorecard presents an integrated result-oriented collection of key performance measures including financial and nonfinancial measures which comprises both the present performance of the firm and also its future performance drivers....
6 Pages (1500 words) Literature review

Balanced Scorecard

The papers have good insight on the applicability, advantages as well as the challenges of balanced scorecard in different organizational setups.... a balanced scorecard is a performance measurement tool used in strategic management to discover and develop a variety of internal processes as well as assessing of the impacts of the external factors.... The balanced scorecard method is used by organizations for different purposes including strategic planning, organizational and strategic positioning, improvement of communication and management information; and most importantly to enhance performance in organizations....
8 Pages (2000 words) Assignment

Balanced Scorecard: An Approach for Application in Public Sector Organisation

This paper brings out an evaluation of the Balanced Scorecard model as applied to a public sector organization together with the implementation of the system as well as its operation.... The balanced scorecard approach enables the organization to enhance the clarity of their vision and strategy.... With a view to measuring a firm's activities in terms of its vision and strategies and to give the manager's a comprehensive view of the performance of a business, a concept which is described as balanced scorecard was introduced by Robert S....
8 Pages (2000 words) Term Paper

Dimension of a Balanced Scorecard

The paper 'Dimension of a balanced scorecard ' gives detailed information about a balanced scorecard which is useful in recognizing openings for new products and services.... a balanced scorecard can be used to translate an organization's mission and into precise deliberate purposes.... The balanced scorecard emphasizes on future developments and thus it becomes a good tool for federal governments to use in measuring and balancing performance....
1 Pages (250 words) Assignment

Accounting - Balanced Scorecard Concept

This paper "Accounting - balanced scorecard Concept" focuses on the development of the balanced scorecard system in organisations.... Finally, it makes an analysis of the use of the concept in the production and services sector in the world.... To support the concept, the project provides examples of a number of firms which have successfully implemented the balanced scorecards.... The balanced Score Card is a strategic planning and management system' (balanced Score Card Institute, 2010)....
11 Pages (2750 words) Case Study

Developing a Balanced Scorecard

The balanced scorecard in this instance would be comprised of a grid that branches out into further subdivisions.... This thesis "Developing a balanced scorecard" derives a balanced scorecard to measure the performance of Saudi schools on the issue of safety – an evaluation process as well as general safety and safety awareness recommendations.... Prior to carrying out this study and applying the balanced scorecard which has been developed in Saudi schools, it would be necessary to collect some preliminary data on the school, such as the incidence of accidents, reasons for the occurrence of such accidents, the dangers and threat they have posed and this should be the basis for arriving at an assessment of general safety measures on the basis of which recommendations can be made....
29 Pages (7250 words) Thesis
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us