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The Balanced Scorecard framework Note. Kaplan and Norton (1996)

The Balanced Scorecard framework Note. Kaplan and Norton (1996)

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The concept of the Balance Scorecard is premised on the need for financial and non-financial indicators that enable a holistic measurement of performance of the organization. The food industry in Indonesia is experiencing positive and significant growth in their performance, however in terms of quality is still not satisfactory. Although performanc...

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... Unlike entrepreneurs in the food and beverage sector, entrepreneurs in the tobacco sector had a very high level of opinion in all performance measurements, except in the new product launch, which was only at a medium level. These results are consistent with Ahmad and Zabri (2016), Maduekwe and Kamala (2016), Ruangchoengchum (2017), andSondakh et al. (2017), which reveal that different sectors of SMEs have varying performances. Similarly, the results show that entrepreneurs of SMEs in the food, beverage, and tobacco sectors have different levels of performance. ...
... There is a link between corporate culture and productivity, according to studies (Schein, The role of the founder in creating organizational culture, 1983;Oki, 2012;Mishra & Gupta, 2010). Findings from various studies show that a culture that encourages kaizen activities will result in effective organizational productivity (Imai, 1997;Boer & Gertsen, 2003;Anand, Ward, Tatikonda, & Schilling, 2009;Lee, Woo, & Joshi, 2017;Suarez-Barraza & Smith, 2012;Satsomboon & Pruetipibultham, 2014;Sondakh, Christiananta, & Ellitan, 2017). They demonstrate how organizational culture and production are positively correlated. ...
... The results of this study showed that system and structure improvement over time had a favorable impact on organizational productivity. Aktaa, Içekb, and Kyakc, 2011, Alexandra Jancikova, 2009, Assefa, 2011, Ahmed, Hassan, and Fen, 2005, and Sondakh, Christiananta, and Ellitan, 2017 support the current finding. Additionally, early research has shown a positive correlation between customer-supplier relationships and organizational productivity and culture. ...
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... Also, organizational performance studies are not limited to a few industries. Recent organizational performance research was conducted in various sectors, namely banking, food, manufacturing, wholesale and retail, services, transportation and storage, telecommunications, and insurance (Alatailat et al., 2019;Farouk et al., 2016;Hussinki et al., 2017;Rajapathirana & Hui, 2018;Sondakh et al., 2017;Yaghoobi & Haddadi, 2016). Herciu and Șerban (2018) conducted organizational performance research with 109 Fortune 500 companies. ...
... There are multiple ways to measure organizational performance. Conventionally, organizational performance is measured with objective financial measures such as return on assets (Sethibe & Steyn, 2016;Sondakh et al., 2017). These objective measures are the "absolute values of a firm's actual performance" (Sethibe & Steyn, 2016, p. 4). ...
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... Given the above, adopting a useful measurement tool to evaluate organisational performance is critical (Sharma and Gadenne, 2002), and traditional measurement which focuses on financial perspective alone is not applicable to present the real status of an organisation's performance (Sondakh et al., 2017). Therefore, a measure that focuses on all areas of the organisation is imperative. ...
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... Given the complicated nature, structure, scale and scope of organisational performance, it is hard to understand and measure effectively (Bergeron, 2018). Moreover, organisational performance is a multi-dimensional construct; thus, it is important to cover these dimensions to obtain a consistent measurement (Sondakh, Christiananta, and Ellitan, 2017). In relation to organisational performance in policing, Gorby (2013) indicated that academic researchers have faced challenges in finding appropriate metrics for police agencies. ...
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