Balanced scorecard framework - theory of constraints, Operation Management

Assignment Help:

1. Can the balanced scorecard framework also incorporate benchmarking and the theory of constraints? 

2. What's a constraint? 

3. Consider your own goals and the resources and activities you are currently bringing to bear in order to achieve your goal. Now try to focus, not on your sub-goals which in all probability are many and may include having a holiday and getting tickets for the theatre, but on your key goal. With this firmly in your mind, reflect on your constraints - is your constraint resource based, ie time?; market based - increased market share or growing the business?; or is it policy based - only men are promoted to director in this company.

 


Related Discussions:- Balanced scorecard framework - theory of constraints

Is idea of skinner of operational focus is relevant today, 1. Is Skinner's ...

1. Is Skinner's idea of operational focus just as relevant today? (Give a considered opinion - with examples.)  Answer: The answer is yes. There are physical limitations in many

History.., The historical development of operation management.

The historical development of operation management.

Impact of multinational enterprises to their firm boundaries, Multinational...

Multinational enterprises (MNEs) have an impact far beyond their firm boundaries. Assume you are working for a small firm that supplies a product or service to an MNE. How might yo

Describe what is xyzs stock price today, Assume XYZ stocks last dividend wa...

Assume XYZ stocks last dividend was $3. The dividend growth rate is expected to be constant at 5% for 3 years, after which dividends are expected to grow at a rate of 6% forever. X

Explain the need for management to motivate their employees, Problem 1: ...

Problem 1: Team working is gaining importance in modern organisations. Do you agree that all members of an organisation could be expected to be team players? Discuss with exa

Concept of a productivity boundary and operating efficiency, 1. Porter (199...

1. Porter (1996) attempts to resolve the issue of Skinner's quandary with trade-offs by introducing the concept of a productivity boundary and operating efficiencies. Explain where

Process selection, Process Selection There are many production proces...

Process Selection There are many production processes moreover a part or a component can be manufactured by two or more processes. The process engineer should select a proces

Explain lincoln electric company don''t want to join a union, Why doesn't L...

Why doesn't Lincoln Electric Company want to join a union?

What are the five criteria for evaluating a selection method, What are the ...

What are the 5 criteria for evaluating a selection method?

Breadth of supplier base - many or few suppliers, Breadth of Supplier Base ...

Breadth of Supplier Base - Many or Few Suppliers The traditional approach to supplier selection is to prepare a tender document and request a quotation from a range of suitabl

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd