Improvement of the Performance Prism and Combination with Performance Evaluation
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Master's Thesis from the year 2013 in the subject Business economics - Business Management, Corporate Governance, grade: 1.0, University of Applied Sciences Aalen (France Business School Clermont-Ferrand / HTW Aalen), course: International Business / Finance and Audit, language: English, abstract: After the glorious ascent of the Balanced Scorecard in the 80's, Neely, Adams and Kennerley developed in 2002 the Performance Prism as follower system of the Balanced Scorecard. The Performance Prism as a "second generation performance measurement system" claimed to adapt the advantages of the first generation systems but correct their shortcomings. The Performance Prism has the advantages of a multiple stakeholder recognition as well as a explicit strategy dimension. But Neely, Adams and Kennerley did not explain much how the Performance Prism can be applied to a single company department. This work tries to add value to the existing literature by the development of an departmental approach for the Performance Prism as well as an detailed way how to develop the departmental scorecard.
Erik Sebastian Wodl wurde 1984 in Aalen geboren. 2008 graduierte er als Diplom Betriebswirt fur KMU an der Hochschule Aalen und arbeitete anschlieend 3 Jahre bei einem mittelstandischen Unternehmen als alleiniger Unternehmenscontroller. Hierbei lag seine Spezialisierung im Aufbau von Controllingsystemen welche er im damaligen Unternehmen gekonnt ausfuhrte. Unter seiner Leitung wurde unter anderem eine ERP basierte Auftragskalkulation entwickelt als auch ein Vertriebs MIS mittels einer multidimensionalen Datenbank eingefuhrt. Erik Wodl war schon immer stark an an der Fusion von IT und Controlling interessiert. 2011 setzte er seine akademische Karriare fort und erhielt 2013 den Master of international Business der Hochschule Aalen sowie den Master of Finance & Audit der Graduate School of Management Clermont-Ferrand. Im Laufe seiner beruflichen Karrare spezialisierte er sich weiter auf Kostenrechnung und Controlling wobei sein privates Interesse der Materie der Unternehmensgrundung und Optimierung von KMU gilt.
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