December 26, 2012

Comparing Balanced Scorecard(BSC) with Traditional Performance Measurement

Traditional Performance Measurement Systems Traditional Performance measurement system tracks only the financial performance of the organization relating to profit earned from selling to the capital required. They focus solely on financial measures based on internal accounting reports such as profitability, revenue, cash flows, earnings per share (EPS), return on assets (ROA),economic value added, etc. These measures are known as lag indicators as they only reflect the past data and represent historical performance (Kaplan...
Posted by Vaishak V. Suvarna on Wednesday, December 26, 2012

Comparing Strategic Management Accounting with Traditional Management Accounting

“Strategy is the direction in which the organization plans to move to attain its long-term goal” (Anthony & Govindarajan, 2007). Strategy is concerned with the long-term direction of the business organization, the scope of its operational activities, the matching of operational activities to its resource capabilities and its competitive environment, giving consideration its stakeholders values and expectations (Porter, 1996 ; Anthony & Govindarajan, 2007). Traditional Management Accounting has tended to concentrate on the tactical...
Posted by Vaishak V. Suvarna on Wednesday, December 26, 2012

September 12, 2012

Analysis of US Software Industry - Part 2

Part 1 is here .  4 Factor Inputs 4.1 Labour Supply Software Industry is dependent on very high-skilled technical workers, and demand for these high skilled workers, remains high. The U.S software sector employs almost 2 million people that pay 195% of the national average (Holleyman 2011). Unionization is rare and the industry represents younger workforce most, with large proportions of workers in the age range of 25-to-44. The labour force in software industry is not homogeneous, i.e., workers in this category...
Posted by Vaishak V. Suvarna on Wednesday, September 12, 2012

September 10, 2012

Analysis of US Software Industry - Part 1

1 Introduction The Information Technology (IT) industry has experienced immense growth in the last couple of decades. It has changed the working methods in almost all other sectors in the economy and achieved an increasing economic importance. The software industry is a critical sub set within this Information Technology industry. The United States has been the world leader in the software industry since its inception. The United States is the largest single software market representing total revenues of $100.6 billion...
Posted by Vaishak V. Suvarna on Monday, September 10, 2012

August 21, 2012

Case Study: Apple, Inc. Strategy Analysis - Part 2

  ...continued from Part 1 4  Strategy Analysis (2007 – present) Apple has utilized its unique resources and  core competences to obtain tremendous success over the last five years .Today it has annual revenue in excess of $125 billion compared to $20 billion in end of 2006  and in the span of  5 years between 2007 to 2012 Apple's stock value increased more than 500% from $85 to $542 per share  (wikiinvest-APPL, 2012).  4.1  Strategic choice Apple products follow a Focussed differentiation...
Posted by Vaishak V. Suvarna on Tuesday, August 21, 2012

August 14, 2012

Case Study: Apple, Inc. Strategy Analysis - Part 1

 1  Introduction Apple, Inc. is a US multinational corporation that needs no introduction.  Apple Inc. with its “Think Differently" motto has been Fortune magazine's  “World's most admired company in the World” for the last 4 consecutive years (Fortune, 2012). On February 28th, 2012, Apple, Inc.'s market value toped $500 billion (Blodget, H, 2012). 'Apple Computers' as it was called prior to 2007 had primarily focused on its core computer business. In 2001, it shifted its strategy by entering the portable digital...
Posted by Vaishak V. Suvarna on Tuesday, August 14, 2012

July 9, 2012

Managing episodic and continuous change

Introduction Organizational change is the transitioning of an organization from its current state towards a desired future state (Palmer, Dunfin & Akin, 2006). Weick & quinn (1999) in their article titled “ Organizational Change and Development“ discuss organizational change as either episodic or continuous. This distinction between episodic organizational change and continuous organizational change provides different ways to understand change and present different implications for implementing organizational change. Episodic organizational...
Posted by Vaishak V. Suvarna on Monday, July 09, 2012