Optimization Of Performance Evaluation System For Functional Departments Of L Group Headquarters Based On Balanced Scorecard

As the scale of the company continues to increase and the standard degree rises,it is very important to realize the strategy of group strengthening the management of the company group.The group can use the role of the value chain for cluster scale production.The core of the group’s management and control function lies in the functional department of the group,which also plays a connecting role in the group’s implementation performance evaluation.The implementation of the strategy by functional departments will have an impact on the cancellation of the company’s performance and the cultivation of competitiveness.Performance evaluation can be integrated into the strategic management of the company.It can be regarded as the method of strategic evaluation and monitoring,and also as the basis of strategic evaluation and monitoring.Balanced scorecard can help the company to supervise the implementation of strategy in a changing environment,weigh the interests of multiple stakeholders,help the company to establish a strategic indicator evaluation mechanism,optimize the company’s internal actions and creativity,and promote the implementation of strategy.L Group is a large-scale diversified group committed to the research and development and manufacturing of new materials such as titanium,zirconium,lithium,scandium,vanadium,and the deep integration of the rare earth metal industry.With its capital market advantages,the company has entered the field of new energy material manufacturing and continued to deepen its cultivation,adhering to innovative and efficient operation models,actively building an international and first-class commercial operation network,and continuously enhancing its ability to serve human society.This paper aims to conduct in-depth research and analysis on the problems in the performance evaluation of functional departments of L Group headquarters by introducing the Balanced scorecard assessment method and combining it with the current management system.Through literature research and case analysis,this article found that the performance evaluation of the functional departments of L Group headquarters has problems such as mismatched performance indicators with the group’s strategic orientation,unreasonable design of performance indicators,lack of fairness in performance evaluation mechanism,and lack of performance planning and feedback links.The main reasons are that the professional management level of the human resources department needs to be improved,lack of support for performance management work,and lack of excellent performance culture Lack of identification among employees with the performance evaluation system.Based on the overall exploration,a strategic map is drawn for the functional departments of L Group headquarters based on the comprehensive balanced scorecard.Stakeholder methods and tools are creatively added,and combined with the decomposition of group level indicators and analysis of departmental needs,performance evaluation criteria for the functional departments of the headquarters are designed.The strategic implementation is highly integrated with the performance evaluation of the functional departments of the headquarters.And compare and evaluate the performance evaluation implementation results of the functional departments of L Group headquarters.Finally,in order to effectively operate the performance evaluation system,this paper implements safeguard measures in four aspects:management guarantee,organization guarantee,personnel guarantee and Information assurance.The exploration made in this paper to improve the performance evaluation of functional departments of L Group is beneficial to the strategy execution of L Group.After improving the different links of performance evaluation of functional departments,it can promote the horizontal communication of functional departments.Improve the overall work performance,and make contributions to L Group to cultivate long-term competitive ability in the long run.Due to the homogeneity of the work of functional departments and the applicability of applied theories,methods and tools,L Group has completed the performance evaluation of functional departments,which can be a reference for the performance evaluation of other functional departments in the same background.