scholarly journals Measuring the Performance Efficiency of State Bank of India and HDFC Bank using Balanced Score Card

2021 ◽  
Vol 12 (2) ◽  
pp. 11
Author(s):  
Subramoniam K. ◽  
Harishma Hari

<p>The research article presents performance analysis of the State Bank of India Ltd and the HDFC Bank Ltd using Balanced Score Card (BSC) developed by Robert Kaplan and David Norton. It attempts an analysis to develop a deep understanding of the concept of BSC as a tool for strategy mapping and measurement of performance of a public sector bank and a private sector bank as mentioned elsewhere. BSC is a performance evaluation system not only based upon financial parameters, but also on non-financial aspects like customer indicators, internal business processes and employee learning and growth. Actual performance data from years 2009 to 2019 and business indicators of the year 2020 of the Banks are used for this purpose. The BSC model was developed to address the problems and limitations of relying only on financial measures for strategy formulation and measuring organizational performance. The study revealed that Gross NPA of SBI has increased while that of HDFC Bank has reduced during the period of study. Obviously the ROA is also better for HDFC Bank compared to that of SBI. It is inferred that HDFC Bank has garnered more net profit than SBI during the period of study. HDFC Bank has shown better performance compared to SBI according to the current study. The implication of the study is that both the banks have to visit all the areas of their business to ensure growth in financial performance, better customer service, efficient internal processes and higher learning and growth in the future years. This could ensure better profit management and risk management.</p>

2021 ◽  
Vol 251 ◽  
pp. 03061
Author(s):  
Qiu Yu ◽  
Peng Yan

As the carrier of scientific research funding for various organizations, scientific research projects are the main driving force for the development and progress of national science and technology. Performance evaluation of these projects can stimulate the vitality of scientific research, and promote scientific and technological innovation. In order to establish and improve the performance evaluation system of military scientific research projects, this paper studies the performance evaluation indicators from four perspectives: resources, effect, internal business processes, and learning and growth based on the balanced score card.


Author(s):  
I Made Agus Yogeswara Wibawa ◽  
I. G. B. Wiksuana

This study aims to determine the performance of the Pharmaceutical Installation as a basis for becoming an independent business unit in order to go to the Public Service Agency (BLU) at the Public Hospital in Denpasar, Bali. Performance measurement is a process of evaluating work progress against pre-determined goals and objectives and the results of activities are compared with the intended intentions; and the effectiveness of actions in achieving goals. In this study using a strategic mechanism in the form of a Balanced Score Card (BSC). Data collection techniques such as documentation, questionnaires, and observations. The data analysis technique used is the financial ratios for the financial perspective, the level of satisfaction for the customer perspective, the level of satisfaction for the perspective of growth and learning, while for the perspective of internal business processes using minimum service standards. The results of the 4 perspectives from the Balanced Scorecard show that the performance of the Pharmacy Installation at the Public Hospital in Denpasar is good and deserves to be an independent business unit.


2017 ◽  
Vol 6 (2) ◽  
pp. 176-190 ◽  
Author(s):  
Meenu Chopra ◽  
Vikas Gupta ◽  
Bharat Chhabra

This article aims to present an analysis to develop a deep understanding of the concept of balanced scorecard (BSC) as a tool for strategy mapping, alignment and measurement of performance in a leading firm in power distribution sector. The BSC model was developed to address the problems and limitations of relying only on financial measures for creation of strategy and measuring organizational performance in companies whose intangible assets played a pivotal role in creating value for stakeholders. This article provides an understanding into the development of globally competitive firms from emerging economies that have successfully adapted contemporary performance measurement and management tools in strategy implementation. The theory of the article has been substantiated with inputs of the target firm based on information collected from interviews and access to the firm’s internal procedures, articles from journal and other publicly available sources. The article provides an understanding into the process of development and implementation of strategy, and subsequent advantages drawn from the use of BSC at Tata Power-Delhi Distribution Limited, winner of the international Palladium Balanced Scorecard Hall of Fame award-2008.


2019 ◽  
Vol 17 (2) ◽  
pp. 130-144
Author(s):  
O. G. Leonova

To achieve success in the production sphere, any business entity must be able to quickly adapt to changing market conditions. Its financial and economic activities largely depend on speed of obtaining information, besides financial data, about factors influencing the results of both the daily work of the enterprise and achievement of long-term strategic goals. One of the effective methods of implementing the strategy in a form that is acceptable for a competitive environment is Balanced Score Card (BSC).The article substantiates the need for its implementation in the practice of Russian repair shipyards, proposes a method for determining key performance indicators considering the customer focused business processes, targeted labour motivation and corporate psychology of personnel. The suggested model was adapted to the practices of an enterprise, model KPI were proposed and discussed.


2017 ◽  
Vol 9 (1) ◽  
pp. 41
Author(s):  
Maoguo Wu ◽  
Chengzhe Bai

China has become the second-largest market for logistics worldwide. However, its logistics performance index (LPI) is ranked 27th, which is far below the average of East Asia and Central Asia (World Bank, 2016). This paper empirically tests determinant factors of China’s logistics enterprises based on the Careersmart Balanced Score Card. The data are gathered from 42 listed logistics enterprises spanning from 2012 to 2016. Empirical results reveal that corporate performance on the part of China’s logistics enterprises is positively correlated with the factors of human capital investment, long-term liability, research and development expenses, the number of employees with higher education preferably a postgraduate degree, and ownership concentration, while factors negatively correlated with the proportion and cost of core business include management, delay rate, company scale, and other factors. The paper also considers the influence of operational management, customer service, asset structure, and innovation. Policy implications based on empirical results are proposed accordingly.


Author(s):  
Ridha Hanafi

[Id]Dalam era kompetisi bisnis yang semakin tinggi dan tuntutan customer yang semakin meningkat, organisasi semakin dituntut untuk mencapai kinerja yang optimal dalam usahanya mencapai tujuan organisasi. Pencapaian kinerja organisasi sangat ditentukan oleh bagaimana organisasi mengoptimalisasi potensi sumber daya yang dimilikinya. Sumber daya utama yang dimiliki oleh organisasi dalam pencapaian tujuan organisasi adalah Sumber Daya Manusia (SDM). Agar SDM yang dimiliki oleh perusahaan dapat dimanfaatkan secara optimal dan fokus pada pencapaian tujuan organisasi maka perlu dilakukan proses manajemen kinerja pegawai yang baik. Secara strategis, kinerja pegawai harus dapat diselaraskan dengan kinerja organisasi untuk pencapaian tujuan strategis organisasi. Untuk mengakomodasi hal ini maka konsep Balanced Score Card sangat potensial untuk diakomodasi dan diimplementasikan. Pada level operasional, pengelolaan kinerja pegawai yang meliputi proses perencanaan kinerja (performance planning), pelaksanaan dan monitoring (performance tracking) dan penilaian kinerja (performance appraisal) harus dapat dilaksanakan secara komprehensif dan aplikatif sehingga realisasinya benar-benar sesuai dengan apa yang diharapkan organisasi.Implementasi proses manajemen kinerja organisasi pada umumnya dan pegawai pada khususnya seperti yang dijelaskan tersebut, akan sangat sulit pelaksanaannya apabila masih dilakukan secara manual. Semakin kompleksnya parameter kinerja pegawai yang ingin dicapai, semakin besarnya jumlah pegawai, semakin dinamisnya perubahan bisnis dan semakin banyak kesibukan pekerjaan akan menyebabkan implementasi manajemen kinerja pegawai secara manual tidak efisien dan efektif untuk dilaksanakan karena proses bisnis yang kompleks, mekanisme pelaporan dan monitoring kinerja akan sangat memakan waktu dan sulit dilakukan. Implementasi sistem informasi manajemen kinerja pegawai merupakan suatu solusi yang potensial untuk diterapkan untuk menghadapi permasalahan tersebut. Apabila permasalahan tersebut dapat diatasi maka diharapkan pencapaian kinerja perusahaan dalam mencapai visi dan misinya dapat terealisasi. Berdasarkan hal tersebut, maka perlu dilakukan perancangan sistem aplikasi manajemen kinerja pegawai yang dapat memenuhi kebututuhan organisasi dan pegawai. Implementasi sistem ini diharapkan dapat mendukung berjalannya proses manajemen kinerja organisasi sehingga secara strategis tujuan organisasi dapat tercapai..[En]In an era of increasingly high business competition and customer demands, organizations are increasingly required to achieve optimal performance in an effort to achieve organizational goals. Achievement of organizational performance is largely determined by how the organization optimizes the potential of its resources. The main resource that the organization has in achieving its organizational goals is Human Resources (HR). In order for HR can be utilized optimally and focus on achieving organizational goals it is necessary to conduct an excellent employee performance management process. Strategically, employee performance must be aligned with organizational performance for the achievement of organizational strategic goals. To accommodate this concept, Balanced Score Card is very potential to be accommodated and implemented. At the operational level, employee performance management that includes performance planning process, performance monitoring and performance appraisal must be implemented comprehensively and applicable so that the realization is exactly what the organization expects.Implementation of the organization's performance management process in general and employees in particular as described, will be very difficult if it is still done manually. The more complex the performance parameters of employees to be achieved, the greater the number of employees, the more dynamic the business changes and the more busy work will lead to implementation of employee performance management manually inefficient and ineffective. This is because of complex business processes, reporting mechanisms and performance monitoring will be very time consuming and difficult to do. Implementation of employee performance management information system is a potential solution to be applied to face the problem. If the problem can be solved, it is expected that the achievement of the company's performance in achieving its vision and mission can be realized. Based on this, it is necessary to design an employee performance management application system that can meet the needs of the organization and employees. Implementation of this system is expected to support the running of organizational performance management process so that the strategic objectives of the organization can be achieved.


2018 ◽  
Vol 13 (4) ◽  
pp. 259
Author(s):  
Dina Mohamed Said Qarah Qarashay ◽  
Feras Ali Alzubi

Organizations nowadays are increasingly impracing in using strategic management to improve their performance, this study has mainly focused on the impact of the strategic management on the performance of Al Khalidi Hospital and Medical Center (KHMC), based on the using of the Balanced Scorecard as a measuring tool, regression analysis results Indicates the existence of a strong positive impact of strategic management on performance.The main findings in this study that the internal process perspective is the most affected perspective in the strategic management, and that the strategic management have a positive impact on the performance in (KHMC). The four perspective of the balanced score card is an effective tool to measure the performance by objective achievement.


2011 ◽  
Vol 219-220 ◽  
pp. 271-274 ◽  
Author(s):  
Yong Chang Ren ◽  
Tao Xing ◽  
Xiao Ji Chen

It’s important to improve the success rate and profit margins that establish a reasonable performance evaluation and weighting coefficient, and the implementation of performance evaluation. In connection with characteristic of software project performance evaluation system features, use balanced score card and analytic hierarchy process studying. First, establishment of performance evaluation indicators system, include indicators system principles of the elaboration, give the basic framework of the balanced score card, on financial indicators, customer indicators, internal business indicators, analysis of learning and growth indicators, base on the quality of software projects, through the table list the evaluation index system; second, study identifies indicators of performance evaluation method of weight, include the structure matrix, single-level sorting and consistency check, the level and consistency check of the total order of three basic steps, each step of calculation is given by mathematical formula. The results show that the methods used in scientific application, for software project management and performance assessment indicators researchers, is an important reference.


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