Research On Performance Appraisal System Of TF Company Based On Balanced Scorecard

With the continuous deepening and implementation of national green economy,supply side structural reform and pollution prevention and control battle,the depth and breadth of West and Sichuan gas transmission to the East increase,the wide application of biogas technology,and the private enterprises,especially the main products of oil refining associated gas,will face foreseeable crisis.How to reverse the situation that is gradually replaced by natural gas and biogas,and gain competitive advantage in the market,has become the top priority of these enterprises.It not only requires enterprises to make innovation in products,but also needs enterprises to carry out in-depth optimization in management.Enterprise market competitiveness and corporate management are highly related,and the most important is performance appraisal.If the short-term and long-term development of enterprises can not be balanced smoothly,it can be predicted that enterprises will inevitably be at a disadvantage in the fierce market,which will have adverse effects on the sustainable development of enterprises.The main solution to this problem lies in the design of performance appraisal,and the selection of Balanced Scorecard for design and planning is particularly critical.The main reason of choosing Anqing TF company as the research object of this paper is that the company is now in a rapid stage of development,based on the original company size and development direction of the design of systematic performance appraisal,the company in the face of increasingly fierce market competition has had a negative impact.Therefore,it is urgent to establish a scientific and comprehensive performance appraisal system to promote its comprehensive competitiveness and achieve its goal of sustainable and high-quality development.This paper first introduces the theory of performance appraisal,balanced scorecard and target management.Second,based on the current performance appraisal methods adopted by TF company,the paper analyzes and decomposes them,and then issues questionnaires and face-to-face discussions with employees at all levels to dig out the defects and deficiencies,and summarizes the causes of the defects and deficiencies.Third,it sets the strategic objectives of the company,which needs to be based on the company’s mission,values,vision and other aspects,and accurately breaks down to each level,then designs three levels,namely company level,department level and employee level,and draws strategic maps and designs balanced scorecards for these three levels.According to the above contents,performance appraisal mainly includes standard and result grade setting,and other existing links and contents are further clarified,such as organization,cycle,communication feedback,appeal,process monitoring,training and application of results to optimize and design a set of performance appraisal system based on Balanced Scorecard suitable for TF company.Finally,the new performance appraisal system needs a series of guarantee schemes to make it run smoothly.Through this study,the performance appraisal system of TF company can be guaranteed in a scientific,reasonable and comprehensive way,so that the ultimate goal of enhancing the comprehensive competitiveness can be realized.At the same time,the establishment of performance appraisal system of similar companies can also be used for reference.