measures of company performance evaluation (400 words) 4.1 Financial measures 4.2 Balance score card 4.3 Triple bottom line Evaluate the outcomes of the decision against these 3 measures. Minimum 2 of the 3 should be used. Use economic, financial (see the attachment to this document) and other measures (e.g. Balanced Score Card approach, Triple Bottom Line approach) to identify whether or not the decision was successful. You can make use of external sources of information in
Words: 329 - Pages: 2
quantify themselves against a “triple bottom line” which includes social value, environmental and economic profit. ArcelorMittal is one such company that has implemented eco-efficiency measures and realized the business benefits. Monitoring Systems Monitoring is a systematic and on-going activity which involves collecting, recording and reporting information. Monitoring systems for any organisation should be developed for three dimensions based on the triple bottom line. Monitoring Systems for Planet
Words: 3389 - Pages: 14
is when so many fish are caught that the population cannot reproduce enough to replace them. So in order to meet the desired amount of fish in the population, fish farming are created. The triple bottom line of fish farming is influenced by sustainability in more than one way. First of all, triple bottom line divides into three parts: social, environmental and financial. In the case of fish farming, as the population grows, fishing increases (social). Since overfishing is causing many environmental
Words: 303 - Pages: 2
Eva’s Print Shop: tripled bottom line operates as a social business and a corporate structure divided in terms of it’s two businesses some horizontal connection between the teams but not a clear functional structure hybrid between functional and divisional innovative features: social business (mohamed yunous) – integrating the production (commercial) and the teaching (social) business side – bringing in money to sustain the organization social side - 2002 – they used to be funded by federal
Words: 564 - Pages: 3
CONFIGURING MANAGEMENT CONTROL SYSTEM: THEOTIZING THE INTEGRATION OF STRATEGY AND SUSTAINABILITY ABSTRACT: è ancora conosciuto poco circa I processi in cui I management control system contribuiscono ad una integrazione più profonda della sostenibilità con la strategia. L’articolo è utile per andare a identificare questo gap per andare a vedere il ruolo dei MCS (management control system)e SCS (sustainability control system) nell’integrazione della sostenibilità con la strategia. Esistono 2 usi:
Words: 3647 - Pages: 15
OPERATIONS MANAGEMENT -TOPICS & EXAMPLES What Is Operations and Supply Chain Management? 1-2 The design, operation, and improvement of the systems that create and deliver the firm’s primary products and services ¨ Operations and supply chain management (OSCM) is ¨ ¤ A functional field of business ¤ Concerned with the management of the entire production/delivery system Goods versus Services 1-3 Goods Services Pure Goods Core Goods Core Services Pure
Words: 931 - Pages: 4
labor issues, environmental concerns, and governmental regulations that challenge even the most socially responsible and forward thinking companies. At the same time, citizens and shareholders alike are challenging global firms to address the Triple Bottom Line approach, an approach that equally emphasizes the importance of people, the planet, and profits in measuring the success of any given firm. Companies are still expected to succeed financially, while simultaneously taking care of the environment
Words: 2900 - Pages: 12
Business Ethics and Social Responsibility Apparently, the concept of social responsibility refers to the means of achieving full sustainability through the adoption of the Triple-Bottom-Line (TBL) concept. Any viable organisation will enhance and facilitate long-term viability and success through the critical adoption of fundamental social responsibility principles such as transparency and accountability (Benn & Bolton, 2011). For instance, in the year 2010, the international organisation for
Words: 2225 - Pages: 9
The Triple Constraints of Projects: Quality, Cost and Schedule The Triple Constraint The challenge of every project is to make it work and be successful within the Triple Constraint; theTriple Constraint being quality (scope), cost (resources) and schedule (time). These three elements of a project are known to work in tandem with one another. Where one of these elements is restricted or extended, the other two elements will then also need to be either extended/increased in some way or restricted/reduced
Words: 856 - Pages: 4
and inspire each of it's stores to follow these principles. Seattle's Goodwill focuses on helping out it's large immigrant population and provide employment to those without education and language skills. The practices of Goodwill follow the triple bottom line and there are steps taken to ensure they do not deviate from these standards. To maintain their core mission, they put 84% of their revenue back into programs to provide employment. In order to improve performance,
Words: 456 - Pages: 2
