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Impact of Balanced score card & KPI's on Decision Making in Oil and Gas Industry : Rep

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Added on  2020-01-23

Impact of Balanced score card & KPI's on Decision Making in Oil and Gas Industry : Rep

   Added on 2020-01-23

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The Effect of Balanced Scorecards andKPIs on Decision Making in the Oil & GasIndustry1
Impact of Balanced score card & KPI's on Decision Making in Oil and Gas Industry : Rep_1
ABSTRACTBalanced score card adaptation by the business firm is beneficial for the sustainabledevelopment and it may lead business to impressive level of success. With an improved focus onbalanced score card the number of operational activities can be managed in appropriate manner.It is regarded as one of the most efficient way in order to improve the work performance andovercome issues. It facilitates managers to track execution of activities in appropriate manner sothat goals and objectives can be accomplished effectively. On the other side, key performanceindicators are also considered as key successive factors that may bring number of sustainabledevelopment. Effective controlling and monitoring can be taken into account by analysingnumber of factors that plays vital role in development. KPI's also facilitates in performancemeasurement. In addition to this, it can be said that with a use of KPI's the oil and gas sectorfirms can have effective measurement of performance. The present study being carried out is descriptive in nature where main focus is toanalyse the impact of balanced score card and KPI's on the decision making process of oil andgas sector. In this, the data has been collected with a help of primary and secondary sources.Moreover, qualitative approach has been accessed to have effective accomplishment of researchobjectives. 2
Impact of Balanced score card & KPI's on Decision Making in Oil and Gas Industry : Rep_2
TABLE OF CONTENTSABSTRACT.....................................................................................................................................2BACKGROUND.............................................................................................................................4PROBLEM STATEMENT .............................................................................................................4AIM AND OBJECTIVES ...............................................................................................................5Aim..............................................................................................................................................5Objectives....................................................................................................................................5METHODS......................................................................................................................................5PLAN...............................................................................................................................................6OTHERS..........................................................................................................................................7REFERENCES................................................................................................................................83
Impact of Balanced score card & KPI's on Decision Making in Oil and Gas Industry : Rep_3

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