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The Improvement Study On EVA-based Performance Management Of Shenzhen Hongshang Stock Corporation

Posted on:2011-06-21Degree:MasterType:Thesis
Country:ChinaCandidate:Q FengFull Text:PDF
GTID:2189360305465459Subject:Business Administration
Abstract/Summary:
Performance management, which is an important means to enhance enterprises' efficiency and employees'performance, has caused more and more business managers'attention. What kind of performance management system and performance evaluation guideline, method and means shoud be used is what an enterprise must face at present.With the increasingly accelerated process of the world economic integration, the internal and external environment of enterprise have changed, which requires business managers in performance management to make corresponding changes.As a new indicator of performance evaluation, EVA (Economic Value Added) has been widely used abroad. However, only a few companys apply EVA performance management system at home.To deal with the problems Shenzhen Hongshang AG faces that the productivity of employees is low and employees have not high motivation, this paper starts with the basic theory of EVA performance evaluation, analyzes its performance management's status and points out the problems in it. Also, it introduces EVA theory and performance management theory, combines EVA to BSC (Balanced Score Card)and KPI (Key Performance Indication), designs the improvement program of Shenzhen Hongshang AG performance management. Meanwhile, it develops operating measures to ensure the improvements in performance management and effective implementation of the program to form a system.This is where the innovation of the paper is.
Keywords/Search Tags:Hongshang AG, EVA performance management, program design, upgrade strategy, improvement study
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