Tableau de bord Essay Example | Topics and Well Written Essays - 1500 words

Tableau de bord - Essay Example The study has selected Balance Score Card over other performance measurement due to its popularity. Detailed analysis of all the four perspectives of balance scorecard will be important part of the study. In the second part, the study will try to identify key performance driver for both the models and recommend â€Å"best practice† to organizations. The study will try to analyze usefulness of balance scorecard from the view point of supply chain management. Analyzing shortfalls of Tableau de Bord will be an important part of the study. The study will try to address strategic issues regarding the Tableau de Bord. In the last section, the study will try to recommend a neo classical model of balance scorecard for both profit and non profit organizations; the model will describe performance measurement in terms of corporate culture, managerial system, operational system, marketing activities and resource capabilities. Table of Contents Table of Contents 3 Introduction 4 Main Findi ngs 4 Balanced Scorecard 4 Customers 5 Financial Perspective 5 Internal Business Process 7 Learning and Growth 8 Tableau de bord 8 Key Performance Criteria 10 Conclusion 12 Recommendation 12 Reference 13 Introduction It has been observed that companies planning to measure performance of the internal and external stakeholders opt for Balance Scorecard model proposed by Kaplan and Norton although there are plenty of performance measurement tools available such as Performance Prism, Key performance indicator and little known â€Å"Tableau de bord†. Othman (2008) has pointed out that Balance Scorecard is extended version of â€Å"Tableau de bord† while other research have nullified this assumption. â€Å"Tableau de bord† is widely used in countries like France as an effective performance measurement tool while the model has very little applicability in other countries. Flamholtz (2003) has pointed out that balance scorecard is the best performance measurement tool a vailable for managers. Various research scholars such as Epstein and Manzoni (2010) have tried to create a connecting bridge between Balance Scorecard and â€Å"Tableau de bord† while others have criticized the French model for its limitations. Main Findings Balanced Scorecard Research scholars have described balanced scorecard as a strategic option for organizations which helps them to assess performance of different non financial and financial elements. It provides the strategic framework to companies to measure performance variables. Survey conducted by fortune magazine states that more than half of top 500 companies in the globe are using balanced scorecard as a performance measurement technique. Moreover, Harvard business Review has identified balanced scorecard as the most important performance management tool developed in the last forty years. Balance scorecard is complemented with four elements such as Business Process Perspective, Learning & Growth Perspective, Finan cial Perspective and Customer Perspective. The model measures performance on the basis of above mentioned four perspectives and these performance criterions can be explained in the following manner. Customers The model measures performance gap in terms of customer profitability, customer retention rate, churn rate, customer satisfaction level. Organizations select market segment to offer products in order to achieve profitability and business growth hence mangers need to translate marketing strategy according to demand of particular segment. It has been observed that in many cases companies fail to maintain relationship with internal and external stakeholders. In such situation balance scorecard can be a useful tool for companies to adopt a customer relationship strategy. Balance scorecards use generic

LPN to RN transition Essay Example | Topics and Well Written Essays - 1250 words

LPN to RN transition - Essay Example LPNs perform the role of providing the basic nursing care to their patients. This mainly involves monitoring of patient’s health, providing basic care like inserting catheters or changing bandages etc., and discussing and reporting patients’ health concerns to RNs or doctors. RNs on the other hand perform enhanced functions like recording patients’ symptoms and medical histories, setting up care plans for patients, assistance in performing diagnostic tests and administering medications and educating patients and their families. Additionally, they have the responsibility to arrange consultations with doctors and also with professionals of other disciplines in a given health care setup. The transition from the role of LPN to RN demands that a better understanding of the ‘family as unit’ is developed. With the improvement in health care delivery services, the role of family in the overall process of care continues to play a critical role (Duncan & DePew, 2011). A registered nurse is therefore expected to take into account the function of the family to get an insight into the health status of her patient. Since the focus of job shifts from mere reporting to analysis of clinical situations, the professional role of RN is attributed to the development of more enhanced analytical skills. The habit of thinking critically, to derive useful results from clinical information is essential, if the role of a RN is to be performed effectively. It should be understood that transition is divided into three distinct phases: endings, neutral zone and beginnings (Harrington & Terry, 2009). For a transition to begin, it is essential that the connection with a previously ongoing process be brought to an end; this may equate to separation from a previously established social condition, losing older identity, disenchantment and disorientation. This follows a condition when the person in transition is ‘in limbo’; this allows renewal and