The Research On Balanced Scorecard Applied In The Performance Management Of Lu Bao Company

Along with the process of global economic integration, the external environmentof enterprise becomes more and more complex and the competition is more intense,so the management ability has become the critical factor for a successful enterprisesince twenty-first Century.Peter Drucker (Peter F.Drucker) said that " theresponsibility and center of management are those that can affect its organizationalperformance and effectiveness.”. So under the new situation, how to set up aperformance evaluation system and implement an effective performance managementso that the behavior of organization and staff behavior can meet the strategy goal ofthe company to be avoid from washing out from the competition of markets will be ahard task for the company.The Balanced Scorecard (BSC) uses the strategy oriented performance index toachieve organizational strategic performance management. And it was come up anddeveloped by Professor Kaplan and Norton since the early and reviewed as the mostinfluential management tool in the past75years by the" Harvard Business Review".BSC theory has a strict theoretical and logical system of describing the strategy,the measure of strategy, and the management of strategy and provides a wealth ofoperational management tools, With the balanced scorecard from finance, customer,internal process, learning/growth four dimensions make strategic performance plans,it designs the template tracking performance evaluation, and then based on thestrategic assessment result, it makes evaluation and connect it to the floating paymentsystem.This paper, systematically analyzes LuBao company’s strategic and performanceevaluation system through both theoretical and empirical research; With SWOT toolsto discuss business strategy, comprehensive use out of the balanced scorecardstrategic diagram and prepare the tools, clear the strategic key elements to the four perspectives, development company balance scorecard index system, and decomposesset up department until personal balance scorecard index system; Then apply a BSCtheory to performance planning, performance coaching, performance assessment andresults using performance management link such as comprehensive optimization.This paper emphasizes the importance of applications of BSC theory in steel pipemanufacturing company performance management, deepening the research on theapplication of performance management for enterprise strategy implementation theimportance of understanding; The balanced scorecard evaluation index system of thedesign of the target set gradient incentive innovation, strengthen strategicperformance management incentive oriented. For the state-owned enterprise in theactual situation, this paper proposes the department performance and employeeperformance by different management process, highlighting the departmentperformance management in strategic performance management in the outstandingposition.