Over the past decades,various performance appraisal methods have been raised and developed by many scholars and managers for years.It seems that each kind of performance appraisal techniques has its strengths and lim...Over the past decades,various performance appraisal methods have been raised and developed by many scholars and managers for years.It seems that each kind of performance appraisal techniques has its strengths and limitations and none of them is able to avoid all of the pitfalls.Today,driven by the power of innovation,dozens of new companies are trying to reinvent the performance management tools market.This paper analyzes how the Balanced Scorecard (BSC) implemented to provide line managers with a performance appraisal system in the private sector companies through the case study of Rockwater,and critically identify its main strengths and limitations,and then make some recommendations for improvement.展开更多
Corporate management performance evaluation currently focuses on financial aspects;however, it is necessary to identify and manage elements that contribute to increased economic values in the long run. When it comes t...Corporate management performance evaluation currently focuses on financial aspects;however, it is necessary to identify and manage elements that contribute to increased economic values in the long run. When it comes to construction firms, most previous research did not cover weighting and estimation approaches for non-financial elements that ultimately influence financial status. In this research, the objective is to develop a management performance evaluation model for Korean construction firms. The model includes financial factors and non-financial factors. This research investigated actual data from Korean construction firmsandclassifiedtheir characteristics. This study is performed in two steps. First, this study derives KPIs for performance measurement techniques and weights the KPIs. And then, it applies the performance data of construction firms to the technique. The findings of this study show that Korean construction firms consider customers to be the foremost priority, converse to previous research which argued that the internal business process was the top priority. The performance measurement results can be fed back into strategies and plans to shed light on issues, reflect on management plans for subsequent years and modify mid to long-term strategies. Therefore, the developed model can help decision-makers effectively revise their management plans.展开更多
This paper builds a self-adaptive management process in the power system dispatching area, aiming to effectively monitor the grid operation, dynamically adjust control strategy, optimize working process and ensure the...This paper builds a self-adaptive management process in the power system dispatching area, aiming to effectively monitor the grid operation, dynamically adjust control strategy, optimize working process and ensure the continuous improvement of operational performance. By building a negative feedback and dynamic balanced management mechanism, ECPRCB (East China Power Regulation Center Branch) is able to keenly sense the internal and external changes, efficiently coordinate all kinds of resources and improve the operational performance. As a result, self-adaptive management effectively boosts ECPRCB to reach the goal of being a world-class dispatching center with high operational performance, competent internal operation, adequate resources support and strong growth motion.展开更多
文摘Over the past decades,various performance appraisal methods have been raised and developed by many scholars and managers for years.It seems that each kind of performance appraisal techniques has its strengths and limitations and none of them is able to avoid all of the pitfalls.Today,driven by the power of innovation,dozens of new companies are trying to reinvent the performance management tools market.This paper analyzes how the Balanced Scorecard (BSC) implemented to provide line managers with a performance appraisal system in the private sector companies through the case study of Rockwater,and critically identify its main strengths and limitations,and then make some recommendations for improvement.
文摘Corporate management performance evaluation currently focuses on financial aspects;however, it is necessary to identify and manage elements that contribute to increased economic values in the long run. When it comes to construction firms, most previous research did not cover weighting and estimation approaches for non-financial elements that ultimately influence financial status. In this research, the objective is to develop a management performance evaluation model for Korean construction firms. The model includes financial factors and non-financial factors. This research investigated actual data from Korean construction firmsandclassifiedtheir characteristics. This study is performed in two steps. First, this study derives KPIs for performance measurement techniques and weights the KPIs. And then, it applies the performance data of construction firms to the technique. The findings of this study show that Korean construction firms consider customers to be the foremost priority, converse to previous research which argued that the internal business process was the top priority. The performance measurement results can be fed back into strategies and plans to shed light on issues, reflect on management plans for subsequent years and modify mid to long-term strategies. Therefore, the developed model can help decision-makers effectively revise their management plans.
文摘This paper builds a self-adaptive management process in the power system dispatching area, aiming to effectively monitor the grid operation, dynamically adjust control strategy, optimize working process and ensure the continuous improvement of operational performance. By building a negative feedback and dynamic balanced management mechanism, ECPRCB (East China Power Regulation Center Branch) is able to keenly sense the internal and external changes, efficiently coordinate all kinds of resources and improve the operational performance. As a result, self-adaptive management effectively boosts ECPRCB to reach the goal of being a world-class dispatching center with high operational performance, competent internal operation, adequate resources support and strong growth motion.