Linking Balanced Scorecard to Business Intelligence
Business Intelligence (BI) and Performance Management (PM) – the development and delivery of business insight for users and the management of execution based on that insight – are two solution-types that promise to bring great value to enterprises. Yet most organizations haven’t yet realized the elusive bene?ts of these two important disciplines. The reasons for this are manifold. However, the primary causes are the culture of the organization and it leadership. This is a topic, which I’ve addressed at length in my latest book: Pro?les in Performance – Business Intelligence Journeys and the Roadmap for Change. The culture and leadership of the organization determines the importance and strategic intent surrounding the use of BI and PM. Sadly, most organizations lack the motivation to embrace transparency and accountability – or to align with the strategy of the organization – enabling execution and coordination in unison with the mission. However, once an organization and its leadership are ready to take a step towards real change – creating an environment of openness, sharing and alignment – with BI and PM as its centerpiece – the next question then becomes one of “how and where to begin”? Even with great strategic intent, missteps in the development and deployment of BI and PM and can cause disillusionment and disappointment – lending support to the naysayers of the organization – and leading to failure and abandonment of these critical programs.
Abstract This chapter introduces the concept of Performance Measurement as an
integral part of Business Management. It highlights the importance of measuring
performances to achieve successful corporate management procedures, from ...
Measuring and managing the performance of a business is one of the most genuine desires of management. Balanced scorecard, the performance prism and activity-based management are the most popular frameworks in this setting. Based on the findings of R.G. Eccles’ acclaimed "Performance Measurement Manifesto (1991)" this book introduces new contexts and themes of application and presents emerging research areas related to business performance measurement and management, e.g. SMEs and sustainability. As a result of the 1st International Summer School Piero Lunghi on "Perspectives of Business Performance Management" this book is written both for students and academics, as well as for practitioners looking for new, yet proven ways to measure and manage business performance.
New Contexts, Themes and Challenges Paolo Taticchi. qualitative approach is
preferable in order to elicit key performance indicators and assign targets to
improve the performance measurement systems.
This book provides an overview of the resources and research projects that are bringing Big Data and High Performance Computing (HPC) on converging tracks. It demystifies Big Data and HPC for the reader by covering the primary resources, middleware, applications, and tools that enable the usage of HPC platforms for Big Data management and processing.Through interesting use-cases from traditional and non-traditional HPC domains, the book highlights the most critical challenges related to Big Data processing and management, and shows ways to mitigate them using HPC resources. Unlike most books on Big Data, it covers a variety of alternatives to Hadoop, and explains the differences between HPC platforms and Hadoop.Written by professionals and researchers in a range of departments and fields, this book is designed for anyone studying Big Data and its future directions. Those studying HPC will also find the content valuable.
This book provides an overview of the resources and research projects that are bringing Big Data and High Performance Computing (HPC) on converging tracks.
This book focuses on modelling financial information flows and information-based asset pricing framework. After introducing the fundamental properties of the framework, it presents a short information-theoretic perspective with a view to quantifying the information content of financial signals, and links the present framework with the literature on asymmetric information and market microstructure by means of a dynamic, bipartite, heterogeneous agent network. Numerical and explicit analyses shed light on the effects of differential information and information acquisition on the allocation of profit and loss as well as the pace of fundamental price discovery. The dynamic programming method is used to seek an optimal strategy for utilizing superior information. Lastly, the book features an implementation of the present framework using real-world financial data.
Lastly, the book features an implementation of the present framework using real-world financial data. This book focuses on modelling financial information flows and information-based asset pricing framework.
19th International Conference, CN 2012, Szczyrk, Poland, June 19-23, 2012. Proceedings
This book constitutes the refereed proceedings of the 19th International Conference on Computer Networks, CN 2012, held in Szczyrk, Poland, in June 2012. The 48 revised full papers presented were carefully reviewed and selected for inclusion in the book. The papers address subjects such as new and emerging technologies related to networking fields; fundamentals of computer networks; internet and internetworking; security and safety issues; industrial computer networks; wireless systems and sensor networks; the theory of queues and queuing networks; applications and computer networks usage.
Fundamentals, in this case, are computer network technologies. Hence, there is a
big role for engineers who are able to act as specialists in the domain of
communication in computer and information science. It is a common view and
opinion ...
This book gives a broad look at both fundamental networking technology and new areas that support it and use it. It is a concise introduction to the most prominent, recent technological topics in computer networking. Topics include network technology such as wired and wireless networks, enabling technologies such as data centers, software defined networking, cloud and grid computing and applications such as networks on chips, space networking and network security. The accessible writing style and non-mathematical treatment makes this a useful book for the student, network and communications engineer, computer scientist and IT professional.
This book gives a broad look at both fundamental networking technology and new areas that support it and use it. It is a concise introduction to the most prominent, recent technological topics in computer networking.
Springer Brief Basics of Computer Networking provides a non-mathematical introduction to the world of networks. This book covers both technology for wired and wireless networks. Coverage includes transmission media, local area networks, wide area networks, and network security. Written in a very accessible style for the interested layman by the author of a widely used textbook with many years of experience explaining concepts to the beginner.
Springer Brief Basics of Computer Networking provides a non-mathematical introduction to the world of networks. This book covers both technology for wired and wireless networks.
Strategies and Practices for a Global Open Economy
All organizations, institutions, business processes, markets and strategies have one aim in common: the reduction of transaction costs. This aim is pursued relentlessly in practice, and has been perceived to bring about drastic changes, especially in the recent global market and the cyber economy. This book analyzes and describes “transactions” as a model, on the basis of which organizations, institutions and business processes can be appropriately shaped. It tracks transaction costs to enable a scientific approach instead of a widely used “state-of-the-art” approach, working to bridge the gap between theory and practice.
Although payment of money is not likely to occur between a manager and a
subordinate in companies, all business activities in companies, are also deemed
as exchanges of outcomes and rewards such as compensation and promotion.
Supply Chain Management and Cost Management are important developments helping companies to respond to increased global competition and demanding customer needs. Within the 23 chapters of the book, more than 35 authors provide insights into new concepts for cost control in supply chains. The frameworks presented are illustrated with case studies from the automotive, textile, white goods, and transportation industry as well as from retailing. Academics will benefit from the wide range of approaches presented, while practitioners will learn from the examples how their own company and the supply chains which they compete in, can be brought to lower costs and better performance.
2.1 Material and Information Flows and Relationships Various other terms are
used as synonyms for supply chain management, which is still the most used one
. Some examples in a non-exhaustive list are: value chain management, value ...
Utz Schäffer describes all scales, including the psychometric qualities as well as samples which have been used in great detail. Thus, the reader of this book can avoid reinventing the wheel as it will in many cases reduce the need to conceptualize, test, and validate a measure from scratch.
Flow Orientation of Cost Accounting [Flußorientierung der Kostenrechnung]
Scale Description The scale measures the extent to which a company's accounting system contains abundant explicit logistics data. Origin The scale was
newly ...
