Pine Products Inc.: Value Drivers and Balanced Scorecard Case Solution
The main function of the Pine Products situation is to enable an educated conversation about ways to create an efficiency management system that assists the application of VBM throughout all ranks of the company which focuses individuals s interest on the essential drivers of financial earnings. The more comprehensive function is to show how aggressive application of the investor value-creation essential below VBM can result in extreme business change.
This instance explains how Pine Products, a previously state-owned business in the compound market, changed itself right into a high-performance company complying with its privatization. It emphasize the requirement for the business to revamp its efficiency measurement and incentive systems in principle with the Value-Based Monitoring approach executed by the storing business. The case fixates the concern of exactly how the everyday operating endeavors of business can be connected to the Group's value-creating objective through a collection of actionable worth drivers and efficiency signs that connect into Economical Value Added.
published: 01 Jan 2004
This is just an excerpt. This case is about Accounting