imported>Doug Williamson |
imported>Doug Williamson |
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| 1. ''Organisations - strategic planning.'' | | 1. |
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| At the organisational level, a balanced scorecard is a strategic planning and analysis tool to help the organisation prioritise the different dimensions of its work.
| | The stock of assets held by a funded pension scheme, from which to pay the related pension liabilities. |
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| For example, business processes, customers, organisational capacity and financial perspectives.
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| By setting appropriate targets across the scorecard - and monitoring against them - the organisation can better focus and rebalance its priorities for long term success.
| | The entitlement enjoyed by an individual to receive a pension or other related benefit. |
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| One of the main benefits is to broaden performance measurement from a narrowly financial focus.
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| Especially when short term financial improvements might be achieved by actions that are harmful to the longer term success of the organisation.
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| | | Any other asset relating to a pension scheme. For example, a right to a proportionate share of a pension fund surplus, or a related benefit of enjoying a pension contributions holiday. |
| 2. ''Directors and senior managers - performance - goal congruence.''
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| A balanced scorecard for an individual is a similarly-structured tool for target setting and performance measurement for the individual, tailored to their role in the organisation.
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| Well designed and implemented balanced scorecards will be consistent and complementary across the organisation, aiming to achieve ''goal congruence''.
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| == See also == | | == See also == |
| * [[Benchmarking]] | | * [[Contributions holiday]] |
| * [[Capture ratio]] | | * [[Current service cost]] |
| * [[Carbon footprint]] | | * [[Funded scheme]] |
| * [[Environmental KPI]] | | * [[Pension liabilities]] |
| * [[Financial ratio]]
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| * [[Goal congruence]]
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| * [[Key control indicator]]
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| * [[Key performance indicator]] (KPI)
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| * [[Key risk indicator]]
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| * [[Mission statement]]
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| * [[Performance]]
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| * [[Report card]]
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| * [[Service level agreement]]
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| * [[Short termism]]
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| * [[Strategic analysis]]
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| * [[Treasury performance management – waste of time or a necessity?]]
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| * [[Win rate]]
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| [[Category:The_business_context]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]] | | [[Category:Manage_risks]] |
| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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| [[Category:Treasury_operations_infrastructure]]
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1.
The stock of assets held by a funded pension scheme, from which to pay the related pension liabilities.
2.
The entitlement enjoyed by an individual to receive a pension or other related benefit.
3.
Any other asset relating to a pension scheme. For example, a right to a proportionate share of a pension fund surplus, or a related benefit of enjoying a pension contributions holiday.
See also