Abstract
In the current era of new economy, the competition between enterprises is becoming increasingly fierce. In many performance evaluation tools, EVA’s balance sheet scorecard has gradually become a more convenient management tool for organizations to implement strategies. The introduction of a balanced scorecard (if used properly) in the company’s performance evaluation will greatly improve the management efficiency of the organization and play a better role in promoting the enterprise to achieve the best resource allocation. This article aims to analyze the status quo of the EVA balanced scorecard in the performance appraisal system and its implementation in the enterprise through an overview of the relevant concepts and basic theories such as the balanced scorecard, combined with the theory of enterprise performance evaluation, such as the balanced scorecard. And strategic performance evaluation theory and other related theories established a series of effective management methods that match the EVA balanced scorecard. Use performance management system model calculation and performance evaluation system design to study the role of EVA-based balanced scorecard in building the performance evaluation system. Exploring the EVA balanced scorecard through experimental research can not only really improve the shortcomings and problems of the single performance appraisal system used by enterprises but also make it more in line with the company’s strategic development requirements and promote the realization of the strategy. The goal of the company: the experimental results of this paper show that 80% of the company’s operating conditions in the EVA-based balanced points performance evaluation have increased year by year and also confirmed that the EVA performance management system is a future-oriented performance management system.
Highlights
At present, the market economy situation is full of many unknowns, the growth rate of the world economy slows down, and the growth and development of real enterprises are full of variables
EVA Matrix Consistency. e analytic hierarchy process has strong operability and can skillfully combine quantitative and qualitative indicators in decision-making and planning, so its application degree is high. e evaluation index system is composed of environmental quantitative indicators and qualitative indicators such as performance and responsibility. erefore, the analytic hierarchy process (AHP) is used to construct the evaluation index system and determine the index weight, and the fuzzy comprehensive analysis method is used for a comprehensive evaluation, calculating the consistency ratio FR: FR FH
Its main management structure can be divided into four different parts according to the value of the enterprise, including performance appraisal system, management system, incentive system, and conceptual system. e first step of the EVA performance evaluation system is the performance evaluation system, which is mainly responsible for evaluating the performance of the departments and related personnel related to the EVA performance management system
Summary
The market economy situation is full of many unknowns, the growth rate of the world economy slows down, and the growth and development of real enterprises are full of variables. Is article establishes that a comprehensive EVA balanced scorecard to improve the corporate performance evaluation system is very important It can improve the shortcomings and deficiencies of a single performance appraisal system and better exert the effect of performance appraisal and make performance appraisal more in line with the company’s strategic development requirements. E theoretical community has begun to conduct a lot of research on it, and many companies have begun to implement it in the real world It is used as the core of the corporate performance evaluation system. Its concept brings the interests of the company’s shareholders and management closer together It solves some shortcomings of traditional accounting indicators and pays more attention to the healthy and sustainable development of enterprises. It solves some shortcomings of traditional accounting indicators and pays more attention to the healthy and sustainable development of enterprises. erefore, this article uses EVA to replace traditional accounting indicators to explore the relationship with external financing structures
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