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Implementing Balance Scorecard for performance management |
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Activity:
Question posted: 01 26 2010 17:44:48 +0000,
3 answers, 153 views, last activity
07 06 2010 20:18:08 +0000
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People like to work in an organisation that is ethically and socially responsible towards the society. So I believe that this is an important factor in determing a organisations reputation.
In addition to being a responsible corporate citizen,the most important factor would be the quality of its product & service
There are certain ways
FINANCE - turnover, assets, liabilities, debts etc
ENGINEERING - technology stands, production capacity, etc
MARKET - market standing, customer growth, satisfaction, hit ratio
HR - employee turnover, talent retention, wellfare policies, etc
SOCITAL - social initiatives and upgradation
ENVIRONMENTAL - green solution, adherence to legal norms etc
Different people think in different ways...altogether it makes organization reputation....I worked with TATA for long time and feel that this is the only group work in all direction for all stake holders
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