Learn how to use the Balanced Scorecard for Strategy Execution in China
For a long time, managers in China have been eager to learn new management concepts from the West. However, many of these concepts failed to fit China. This book takes the concepts and tools of the Balanced Scorecard and interprets them comprehensively for businesses in China. Thanks to their extensive experience in China, Irv and Yong-Ling have created something relevant, insightful, and useful for China.
Katherine R. Xin, Ph.D., Professor of Management, Michelin Chair in Leadership and HRM,
Editor-in-Chief, Harvard Business Review (China), China Europe International Business School
In my role leading operations in China for DuPont's Engineering Polymers business I found the Balanced Scorecard methodologies very powerful in aligning key operations performance objectives & measurements with business strategies. Through use of BSC methods I found that our Chinese operating leaders were better able to see their roles & work in the context of an overall business strategy. In my experience, leaders in China often have difficulty seeing & understanding work processes, systems, and structure in an integrated way.
In Chapter 7 of their book, Balanced Scorecard & Strategy Execution, Dr. Beiman & Dr. Sun provide very practical descriptions of how to use the BSC methodology to align functional groups toward attainment of an overall business strategy. The book looks at aligning objectives & measures both across and within a function. Leaders in operations will find the book very helpful in understanding business organization in a systemic way.
Mike Walker, Asia/Pacific President, DuPont Engineering Polymers
This book stands out because it brings together a no nonsense approach to the well proven balanced scorecard concept with a deep understanding of the issues facing companies in the fast changing and highly competitive China marketplace.
David Learmond, Senior Vice President & HR Director, Unilever China
China has entered WTO and competition is increasing. To gain competitive advantages in the marketplace, Chinese companies are attempting to implement scientific management principles and tools. The Balanced Scorecard book written by Dr. Beiman and Dr. Yong-Ling Sun includes concepts and methodologies that will progressively stimulate Chinese companies to change and improve. The authors focus on strategic management in China, and the book is localized for China. It will help Chinese executives and managers understand not only what BSC is about, but also how to successfully implement the BSC system in China.
Qi Si Hua, DBA, DGM, Ma An Shan Steel Co., Ltd
I strongly believe the BSC methodology will be adopted on a large scale in China. It will help Chinese companies to gain competitive advantages in the global marketplace. The authors have provided Chinese managers with valuable, practical and beneficial insights on successful BSC implementation.
Wang Qun Bin, Managing Director, Shanghai Fosun Industrial Co. Ltd
Our company grew to its number one market position in China because of a single leader. Now we are shifting from one person driving the company to a more scientific approach. eGate book and consulting are helping us learn how to use systems and processes to drive the company forward to greater success. The BSC methodology is a powerful tool, but it takes time to digest and blend into a company before the company makes it their own.
The process of learning and implementation is much more important than the initial result. This learning process for our managers will enable us to continue growing for many years. Because of this scientific approach and the enormously beneficial learning process for our company, I strongly recommend this book for Chinese managers.
Su Xian Ze, Chairman & CEO, ZheJiang Supor Cookware Co., Ltd
This is a breakthrough publication for companies in the PRC. Irv Beiman and Yongling Sun have combined the theory and practice of the Balanced Scorecard methodology in a way that will be of tremendous assistance to companies operating in China. The writing is clear and the book is well structured. This book is a must for companies in China that are looking to stay ahead in the fastest evolving economy in the world.
Jonathan Seifman, Editor, China Staff |