Tag: administration

The methodology recognizes that learning and growth is the platform where the entire system is based and where the objectives are defined. u The bottom of the methodology is not confined to only one perspective, but considered as simultaneous. Identifying the relationships between them. u establishing a chain of cause – effect that allows you to take the necessary initiatives at every level. Advantages. It is known that the Balanced Balanced Scorecard, as described by Norton and Kaplan (Balanced Scorecard, Management Issues, 1997) does more than measure, ie, if built properly, a balanced scorecard can communicate, provide feedback ( feedback), create, learn and align strategic objectives with daily operational control.

In other words, it can be noted that the Balanced Scorecard is a tool to translate the vision of the organization expressed through its strategy, objectives and specific terms for dissemination to all levels by establishing a system of measuring achievement of those objectives. The Balanced Scorecard integral box or demand, solves a critical need for management information that has been unsatisfied until now complements indicators for measuring results performance with financial and nonfinancial indicators of the key factors that will influence future results, derived from the vision and strategies of the organization. The Balanced Scorecard emphasizes the conversion of vision and strategy of the company’s strategic objectives and indicators. This is the organization from four perspectives: financial, customer, internal business processes, learning and growth. Of course, the scorecard can assist a powerful atmosphere of continuous learning within an organization.

The name reflects the balance between short-term objectives and long term, between financial and nonfinancial measures, including provisional indicators and historical perspectives and between external and internal action. The scorecard is something that a measurement system, the new measurement system to communicate and align the organization with new strategies, far from the historical approach and short-term cost reduction and low-priced competition to the generation of increasing opportunities providing customers with products and services with added value and as a vehicle to help the company to translate and put into practice the strategy. The balanced scorecard transforms the mission and strategy into objectives and indicators organized, it also provides a framework, structure and language to communicate the mission and strategy, is expected to channel the energies, skills and specific knowledge all staff of the organization towards achieving the long-term goals. The measures of the scorecard should be used in a different way, to articulate and communicate the business strategy to communicate the multi-departmental business strategy and to achieve a common goal. The four perspectives of the scorecard, the financial, customer, internal process of the formation and growth, allow the balance between short-term objectives between desired outcomes and inducers of action between these results and hardest objective measures and softer and subjective, although the multiplicity of indicators in a balanced scorecard can confuse seemingly dashboards built properly, as they contain a unity of purpose, because the measures are directed towards achieving an integrated strategy. Impact. u strengthen human resources, technological, and cultural information and these are aligned with the expectations of customers, which will eventually be the basis for achieving financial results to ensure achievement of vision. u The indicators are tools to control the behavior and to evaluate past performance, but the integrated control panel should be used to: articulate and communicate the business strategy to communicate the business strategy and to coordinate initiatives to align individual, organizational in order to achieve a common goal, not as a system of control.

In this way, the company could receive additional net profit organizations, benefits to be distributed more fairly. These new values are generally the names of social responsibility, social responsiveness and social commitment. No wonder people say that ethics and social responsibility are concepts which refer mainly to the quality of our relationships over time Consider that the term ethics has been defined as the study of how our decisions affect others, outreach social responsibility and ethics in organizations have changed substantially, it will fly today to the analysis of ethical decisions, and has also been a concern of managers and academics responsible for the organization to society. It is equally necessary to study the rights and obligations of individuals, of moral rules that people apply when making decisions and the essence of personal relationships. Click Kelly Tisdale to learn more. Impact is noted that social responsibility and ethics in organizations often is controversial. Some observers argue that it is healthy others are in decline and others that is dead or should be ignored.

Investigations in this regard have been made, indicate that there are large variations between the views. The proportion of employees with work ethic varies significantly between each survey group, depending on factors such as personal background, job type and location of it. Consider, as it analyzes the chair of Issue of the Venezuelan administration of the School of Management UC Faces, that the dramatic societal changes that occurred in the past half century has also brought the decline of ethics in the workplace.

Should this person be very involved in the organizational culture of the company should all members of the organization is committed to it. Hence management corresponds to know how to manage their resources properly, considering that not only should be given emphasis in directing the efforts of the company, based solely on producing results supported theories to produce and sell more at the lowest cost regardless of social impact. Quite the contrary should be aware that their actions to ensure the interoperability of the company towards a social responsibility that favors him. Otherwise it hurts him. Get all the facts for a more clear viewpoint with Avison Young Capital Markets. The current strategy and its expected benefits with this position, tomorrow may be the reason for their failure.

It is important to consider as Tito Gonzalez said that the problems of inadequate social responsibility is not the cause generated by a single source, ie, by the company, all elements of a state are equally responsible for its ills: policies soft, inaccurate and irresponsible governments, rulers and compromises permissible; corruption systems, the lack of concern and emphasis on the issue by entities education, the very ignorance or lack of knowledge on the subject by businessmen and actors of the productive sector and commercial low scruples of many entrepreneurs and people who know the subject and its consequences, they act irresponsibly. In simple terms, all sectors that are part of state government and its policies, colleges and universities, businesses, employees, parents, media and others that influence patterns of behavior and culture are equally responsible in damage either by direct action or by omission Conclusions The reality of the dynamic behavior of environments, where companies operate, should ensure that these really are fully identified with its social responsibility, where his management has instilled an organizational culture that involved and the way to ensure that the operation of businesses benefit the community, ensure protection not only for their workers, human resources, but for consumers, community. That is required management, SMEs identify more with it and consider it means to ensure the success of an enterprise integrating social and environmental considerations in their activities. Awareness of these practices and begin implementation as soon as possible as it allows SMEs to establish the foundation for sustainable competitiveness in the medium and long term and helps them be more profitable. CSR is a real strategy to grow your business and gain competitive advantage