Implementing a Three Level Balanced Scorecard at Chilquinta Energia
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In my case study I will explain the process of implementing a three level balanced scorecard, which will help Chilquinta Energia to gain an overall understanding of their business operations in terms of sales, profitability, cost management and customer satisfaction. Section: Background Information of the Company Chilquinta Energia, a Chilean energy company, has been operating in Chile for over 20 years. It has a diverse portfolio consisting of electricity and gas generation, transmission, distribution, and sales. Chilquinta operates in Chile and also has subs
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Innovative companies can be differentiated by having a balanced scorecard (BS) that is aligned with their business and strategic objectives. In this case study, we’ll apply the three-level balanced scorecard (BSC) structure to the context of a Chilean power company: Chilquinta Energia (CE). CE’s BS comprises four key performance indicators (KPIs) grouped in a hierarchy of levels, from the top to the bottom, as shown in Figure 1. The KPIs are identified based on
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This article will illustrate a method of implementing the Balanced Scorecard (BS) at Chilquinta Energia. BS is a management tool used by businesses to help identify and meet business goals. you could check here This method will assist you in identifying the level at which each goal will be measured, the specific measures required, and the methods to ensure that each measure is monitored and updated. At Chilquinta Energia, a leading producer of natural gas and petrochemicals in Colombia, the goal is to be the number one producer of natural
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The company’s strategy is focused on increasing the market share by 5% by 2021. The company’s objectives, performance indicators, and business processes are defined in the Balanced Scorecard. In this case study, we’ll explore how the company is implementing the three levels of the Balanced Scorecard and how it’s helping them achieve the desired outcome. The company’s strategy is focused on increasing the market share by 5% by 2021. The company’s object
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Chilquinta Energia’s mission is to provide energy to its customers, always trying to improve the services provided to their clients. To accomplish this, the company has developed a balanced scorecard that measures its financial and operational performance in order to optimize the business operations. The Three Level Balanced Scorecard is composed of three levels: financial, operational, and strategic. It helps the company identify and assess its key financial and operational targets, as well as the key performance indicators that support these targets. Chilquinta Energia’