Abstract

Article history: Received October 1, 2011 Received in Revised form November, 14, 2011 Accepted 15 February 2012 Available online 5 March 2012 Measuring organization performance plays an important role for developing better strategic plans. In today's competitive environment, organizations attempt for the product quality or offering the service, delivery, reliability capability and the customer satisfaction. These properties are not measurable only by traditional financial criteria and we need a method, which could consider non-financial factors as well. The present study of this paper proposed a hybrid of balanced score card (BSC) and data envelopment analysis (DEA) method for an empirical study of banking sector. The study proposes a model for assessing the Tose`eTa`avon bank performance, which is an example of governmental credit and financial services institutes. The study determines different important factors associated with each four components of BSC and uses analytical hierarchy process to rank the measures. In each part of BSC implementation, we use DEA for ranking different units of bank and efficient and inefficient units are determined. © 2012 Growing Science Ltd. All rights reserved.

Highlights

  • Function management systems are attended to two private and state sections

  • The present study of this paper proposed a hybrid of balanced score card (BSC) and data envelopment analysis (DEA) method for an empirical study of banking sector

  • Mehdiabadi) including the ToseeTaavon Bank, comparing to their competitors at the private section, is that income of most of state section organizations is supplied by the state and should be responsible against the numerous beneficially

Read more

Summary

Introduction

Function management systems are attended to two private and state sections. Many discussions on using these two sections from function management systems are common. Researchers, who study the state organizations behavior, refer to this fact that the state section is different from the private section. People anticipate from state section that is more responsible about the current money. This means that some attitudes, tools, methodologies, and techniques which are employed inside private section, should be reformed and mediated for using at state organizations (Bolton, 2003). Multi fold and partly vague state section purposes cause the function measurement associated with these purposes to be partly encountered to difficultly. Other problem which excises among the state section organizations

Background and theoretical research frame
Research Methodology
Executive Research Stages
Planning for executing BSC
Determining strategic objectives at BSC faces
Total and Conclusion
Computing the efficiency of each BSC faces and objectives
Financial face
Internal processes face
Customer face
Findings
Discussion and conclusion
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.