Research On Performance Management Of DC With BSC

Since 2015, with the nationwide deepening reform, rapid growth market-oriented economy, uncertain international market and decreasing oil price, all the above factors are challenging the work of production and basic management. Meanwhile, focusing on the “Thirteenth Five-year Plan”, PC petroleum cooperation proposes a series of important development strategies and sets up new requirements targeting petroleum engineering service company. At the present, many basic-level petroleum service companies, especially the drilling service companies, do not have a complete performance management system, performance management is still performance appraisal, which has already been outdated, therefore it is urgent to change the current situation of performance management.Performance management with BSC(Balanced Score Card), a brand new strategic performance management mode, has gained much more superiority because it pays more attention on the key factors of success, and it fits in better with the need of dramatic change of competition environment.DC Company is a petroleum engineering service company, studying the basic-level performance management is good for understanding the current situation of drilling service company, making out modification measures and improving the level performance management. The paper uses BSC as a tool to ensure the realization of strategic goal and to establish an effective performance management index system, so to improve the enterprise competitive and promote its development. First, the paper analyzes application and research situation at home and abroad, introduces basic theories related to BSC and performance managementin detail and analyzes both advantages and disadvantages of BSC. Then, the paper studies application of BSC in enterprise performance management, emphases the establishment of BSC performance management system, which gives guidance and reference to introduce BSC. At last, the paper uses DC drilling company as an example, demonstrates the implementation process of BSC in enterprise, which is favorite for the application and implementation of BSC in domestic drilling companies.