Wednesday, October 9, 2019
Development of a measurement model for balance management Research Paper
Development of a measurement model for balance management - Research Paper Example They play an imperative role in motivating the goals of a development-oriented nation (Aaker 2001, p. 56). Additionally, there should be an integration of the tools through critical assessment of both qualitative and quantitative parameters as observed below. There are lots of fundamental links of culture, leadership and strategy in regards to the development of measurement. In other words, the aforementioned tools of development have direct ramifications on the aspects of balanced management especially in spurring the expansion of the economy. For instance, culture is an imperative objective when drafting plans for development oriented projects because it has a direct influence on people (Niven 2005, p. 124). On that account, a balanced scorecard is performance management tool of strategy that is in the form of a report. It is a semi-structured with support derived from design methods and other automation tools. For that matter, it functions in the tracking of duties and activities by workers to enable managers have a control in the actions of the organization. In other words, there is also a link on the context of personal refinement on the areas of education, lifestyle, ideals and national aspirations for future improvement. Therefore, this management tool has been key especially in the annual survey of performance-oriented firms such as Bain & Companies. Therefore, in terms of impacting on the development of the organization, it is crucial to note a few observations. For instance, a balanced scorecard inculcates the mixture of differing presentations that are both non-financial and financial. It has a direct correlation with development in the context of reforming the minds of the employees in balancing their income sheets. This suggests that factors such as traditional material culture of a society come in handy when defining the goals of development and the measurement success (Jacobson & Shepard 2008, p.156). Additionally, there are also other elements o f intangibles such as customs, language, dress code and even acquisition of technology that impacts directly on the balance scorecard on the management of a country. In contrast, culture also influences the strategies of development when stipulating the goals of a community through its leadership. In other words, there is a variable uniformity in the context of informational data imparted upon firms in influencing leading inputs such as physical and human processes. On the other hand, there is also the factor of culture gap strategy that entails a policy approach that affects development in several ways. For example, culture gap strategy plays a key role in affecting the operations of development measurement in the context of finding alternative solutions. Additionally, it brings harmony between the sociological context of the corporate firms and the concern of attaining the goal of a balance management. In other words, it is a grand folly in integrating the culture gap strategy in a society and its leadership in relation to the strategies stipulated. On that case, there is also an imperative need to evaluate the issues of development choices such as the GDP of a work group and inter-generational conflicts that affect the economy (MacKinnon 2012, p. 209). This suggests that cultural change should compliment with the development strategies set by the given leadership of the management in focusing for the future. Alternatively, cultural strategic gaps of development must also take into
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