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The Department Prism Approach: The Performance Prism and Performance Evaluation

Autor Erik Sebastian Wödl
en Limba Engleză Paperback – 24 iul 2013
The world of today forces companies to rigorously concentrate on key terms like 'customer satisfaction', 'performance boosting' and 'performance measurement'. A famous tool for that was developed by Kaplan & Norton who introduced the balanced scorecard. But, Kaplan & Norton mainly concentrate on two stakeholders - the customer and the shareholder. As Neely, Adams and Kennerley (2002) claim, this is not far-reaching enough. A company must consider more stakeholders (e.g. the supplier, the employee and further more) as their approach of the performance prism explains. But, Neely and his colleagues did not explain in detail how to apply their performance prism to the departmental level, and how to connect it to a remuneration system.Here, the actual book gives brand-new ideas and tools for a consistent application of the developed framework to the departmental level. This book concentrates especially on the stakeholder approach of Neely, Adams and Kennerley which will be improved by the 'stakeholder matrix', and connected by the development of the 'multidimensional performance appraisal table' to performance evaluation.This is the second book of Erik Wödl regarding performance measurement.
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Specificații

ISBN-13: 9783954891092
ISBN-10: 3954891093
Pagini: 90
Dimensiuni: 190 x 270 x 7 mm
Greutate: 0.24 kg
Editura: Anchor Academic Publishing

Notă biografică

Erik Wödl was born in Aalen (South Germany) in 1984. In 2008, he graduated as Business Economist from the University of Applied Sciences Aalen. After he had spent two years in the controlling department of a medium enterprise, he graduated with the double degree 'Master of Arts in International Business and Master of Science in Finance and Audit' at the University of Applied Sciences Aalen and the France Business School Clermont (France). He has chosen to specialize in the research on performance measurement and management.