Scorecard System

When an organization implements some administrative control tools, the balance between cost and benefit is important. The decision to introduce the scorecard system requires the same analysis. Although the cost of implementing new tools can be relatively easily assessed, in many cases there is a lack of reliable information on benefits. In this article, I will explain how organizations use the scorecard system to achieve great benefits. (We use the term "scorecard system" as a control tool to integrate the scorecard system in the achievement cycle into the company's overall performance process or technology.) Over 150 services, Manufacturing, and government

More specifically, the general performance management system used today is the scorecard system. Many companies use a scorecard system to strategically manage organizational performance (Hatch, Lawson & DesRoches 2008, page 7). Next, evaluate the effect of using the scorecard system with Suzano Petroquimica. Suzano Petroquimica Company (SPQ) is a leader in the manufacture of polypropylene resin in Latin America and is a leading manufacturer of thermoplastic resins in Brazil. With production capacity of 685,000 tons annually in Latin America, SPQ continues to expand to strengthen leadership in polypropylene business with the aim of becoming the second largest thermoplastic manufacturer in the region. SPQ will be jointly controlled shareholders of other companies and will provide them with raw materials.

In order to fully understand the impact of the performance management tool (scorecard system) used in SPQ, we have investigated processes that bring such great success. SPQ follows the process of change management, implementation, and observation to achieve industry vision vision in 2003. In the change management phase, the SPQ is used to plan, change, change reasons used in the planning card system, the reasons for the change, the benefits of the employee who accepted the change, and to measure, monitor, evaluate, and modify performance at all levels of the organization It is necessary to notify the employees clearly about the strategy of In the implementation process, SPQ analyzes the company's strategy and assigns the operational part of the strategy to individuals and divisions. As a result, individuals and teams are responsible for the results of their tasks. To adjust the overall picture of the organization, the scorecard system monitored 650 measurements.