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The Studys On The Application Of BSC In Petrochemical Enterprise

Posted on:2011-09-16Degree:MasterType:Thesis
Country:ChinaCandidate:G H LiFull Text:PDF
GTID:2189360302999407Subject:Business management
Abstract/Summary:PDF Full Text Request
With the economic globalization and integration, the arrival of the era of international competitive market, this is me the management reform petrochemical enterprise bring great opportunities and challenges, the creative application of performance management in China petrochemical enterprises has become with performance management requirements, the best strategy innovation in management. Balanced Scorecard as a new type of enterprise performance evaluation systems and strategies for improving the tools, its core idea is the core business strategy to achieve financial targets and non-financial indicators, long-term goals and short-term objectives, external and internal, the results and processes balance to enable enterprises to finally realize a balanced development.To achieve business goals, departmental goals and personal goals consistent and coordinated.Since its inception years, many enterprises at home and abroad Balanced Scorecard has been widely used, and petrochemical enterprises in China are little known. Petrochemical enterprises as a pillar industry of our economy, in economic and social development plays an essential role, Petrochemical enterprises of the survival and development of more and more widespread community concern. However, many Chinese petrochemical enterprises of the management mode is also stuck in the level of the planned economy, there are many problems have seriously hampered development of enterprises.Based on the LH company's Management performance analysis, that the LH company's existing performance management from the existence of the limitations and deficiencies, such as weak corporate strategic direction, performance feedback and improve the inadequate attention, emphasis on current business objectives and ignore the long-term goals. Performance management in order to solve these shortcomings, this theory of the use of AHP, through the introduction of balanced scorecard ideas and methods, on the LH performance management system to do a useful complement, and then propose a strategy and proposals on China petrochemical enterprises form a positive meaning into the Balanced Scorecard.
Keywords/Search Tags:Performance management, Balanced Scorecard, Strate
PDF Full Text Request
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