DESCRIPTION
In this presentation, we present an empirical study to measure the performance of a mining company. The study uses PEST analysis technique to evaluate opportunities and threats associated with external as well as internal factors influencing the firm. The study designs a questionnaire and asks decision maker through the mining value chain to evaluate internal/external threats. In terms of external factors, otherwise Key Success Factors (KSF) there are opportunities and threats associated with External Factor Evaluation (EFE). In terms of Strengths and weaknesses, existing internal capacities has received the highest priority. In addition, the study uses SWOT analysis for matching Key Success Factors (KSF) and Strategic Competencies (SC) in order to develop competitive advantage or wining scenario.
Furthermore, a reviewed Balanced Scorecard (BSC) technique is used to look at the performance of the firm in terms of learning and growth, internal process, safety, environment and financials. The study determines the present and ideal status of the firm.
The PPT delves into the core principles of the Balanced Scorecard (BSC) concept, focusing on its application within the mining sector. It provides a comprehensive framework for aligning organizational strategy with performance measures, ensuring that all levels of the organization are working towards common objectives. The BSC objectives are clearly outlined, covering organizational, strategic, performance, and strategic performance aspects, making it an invaluable tool for senior management.
The presentation also highlights the strategic development process, from field investigation to strategic diagnosis and action planning. It includes detailed sections on internal and external analysis, using PESTEL and SWOT frameworks to identify key areas for improvement. The document is designed to equip C-level executives with the insights needed to drive operational excellence and achieve strategic goals in the mining industry.
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Source: Best Practices in Mining Industry, Balanced Scorecard PowerPoint Slides: Mining Balanced Scorecard - Strategic Performance Management PowerPoint (PPTX) Presentation, Youssef AIT AKKI - The Horizon Strategy.
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