Balanced Scorecard Sample Clauses

Balanced Scorecard. 7.1 The Service Provider’s overall performance of the Services and of the relationship between the Parties shall be monitored using a performance management scorecard (the “Balanced Scorecard”).
Sample 1
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Balanced Scorecard. In supplementing the core targets and performance indicators set out below, you may wish to include your institution’s own quantitative and qualitative measures to evaluate progress against objectives, or to draw on those proposed in the DCMS Report Efficiency and Effectiveness of Government-sponsored Museums and Galleries (1999). Some examples are suggested under the ‘other measures’ heading in the table below.
Sample 1
Balanced Scorecard. The balanced scorecard, introduced by Xxxxxx and Xxxxxx (1992), is a decision support tool at strategic level. The authors were convinced that firm performance should not only be based on financial measurements like the ROI or payback period. Other elements, such as customer satisfaction, learning and development, should be taken into account during the evaluation of a firm. Including a wide range of performance measurements does not only improve financial results but also encourage a company to achieve its strategic goals. Xxxxxx and Xxxxxx proposed to include these four critical elements into their framework: mission, vision, strategic objectives and performance measurements (Xxxxxxxxxx, Xxxxxxx, & Xxx, 1999; Van Grembergen, 2004). The BSC (Balanced Scorecard) perspective can also be applied to specific divisions in a company like the IT management. Xxxxxxxxxx, Xxxxxxx & Tse (1999) have developed a BSC framework with the purpose to measure and evaluate IT projects and processes. The differences between IT management and corporate management are that the IT department is an internal division of the company; thus, IT projects are meant to satisfy both consumers and the internal organisation rather than only consumers. User orientation, business value, internal processes and future readiness are the perspectives implemented in the balanced IT scorecard. Through the application of a balanced IT scorecard, managers will be able to observe the positive and negative impacts of IT projects on relevant factors of the company. However, such an approach only provides good results if there is extensive dedication from stakeholders.
Sample 1

Related to Balanced Scorecard

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • KEY PERFORMANCE INDICATORS 10.1 The Supplier shall at all times during the Framework Period comply with the Key Performance Indicators and achieve the KPI Targets set out in Part B of Framework Schedule 2 (Goods and/or Services and Key Performance Indicators).

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

  • Performance Review Where a performance review of an employee’s performance is carried out, the employee shall be given sufficient opportunity after the interview to read and review the performance review. Provision shall be made on the performance review form for an employee to sign it. The form shall provide for the employee’s signature in two (2) places, one (1) indicating that the employee has read and accepts the performance review, and the other indicating that the employee disagrees with the performance review. The employee shall sign in only one (1) of the places provided. No employee may initiate a grievance regarding the contents of a performance review unless the signature indicates disagreement. An employee shall, upon request, receive a copy of this performance review at the time of signing. An employee’s performance review shall not be changed after an employee has signed it, without the knowledge of the employee, and any such changes shall be subject to the grievance procedure of this Agreement. The employee may respond, in writing, to the performance review. Such response will be attached to the performance review.

  • Administrator Compliance Statement On or before ninety (90) days after the end of each fiscal year, commencing with the fiscal year ended March 31st immediately following the Closing Date, the Administrator shall deliver to the Issuer a statement of compliance addressed to the Issuer and signed by an authorized officer of the Administrator to the effect that (i) a review of the Administrator’s activities during the immediately preceding reporting year (or applicable portion thereof) and of its performance under this Agreement during such period has been made under such officer’s supervision, and (ii) to the best of such officer’s knowledge, based on such review, the Administrator has fulfilled all of its obligations under this Agreement in all material respects throughout such reporting year (or applicable portion thereof) or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such officer and the nature and the status thereof. If the Administrator is the same party as the Servicer, such party’s compliance with Section 3.11(a) of the Sale and Servicing Agreement will satisfy the Administrator’s obligations set forth in this Section 1.21(b).

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

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