Microworlds of the Dynamic Balanced Scorecard for University (DBSC-UNI)

This research focuses on the development of a Microworlds of the dynamic balanced scorecard for university in order to enhance the university strategic planning process. To develop the model, we integrated both the balanced scorecard method and the system dynamics modelling method. Contrasting the t...

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Main Authors: Nurul Nazihah, Hawari, Razman, Mat Tahar
Format: Conference or Workshop Item
Language:English
Published: AIP Publishing 2015
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/11852/
http://umpir.ump.edu.my/id/eprint/11852/
http://umpir.ump.edu.my/id/eprint/11852/1/Microworlds%20of%20the%20Dynamic%20Balanced%20Scorecard%20for%20University%20%28DBSC-UNI%29.pdf
id ump-11852
recordtype eprints
spelling ump-118522017-03-29T01:36:13Z http://umpir.ump.edu.my/id/eprint/11852/ Microworlds of the Dynamic Balanced Scorecard for University (DBSC-UNI) Nurul Nazihah, Hawari Razman, Mat Tahar HD28 Management. Industrial Management This research focuses on the development of a Microworlds of the dynamic balanced scorecard for university in order to enhance the university strategic planning process. To develop the model, we integrated both the balanced scorecard method and the system dynamics modelling method. Contrasting the traditional university planning tools, the developed model addresses university management problems holistically and dynamically. It is found that using system dynamics modelling method, the cause-and-effect relationships among variables related to the four conventional balanced scorecard perspectives are better understand. The dynamic processes that give rise to performance differences between targeted and actual performances also could be better understood. So, it is expected that the quality of the decisions taken are improved because of being better informed. The developed Microworlds can be exploited by university management to design policies that can positively influence the future in the direction of desired goals, and will have minimal side effects. This paper integrates balanced scorecard and system dynamics modelling methods in analyzing university performance. Therefore, this paper demonstrates the effectiveness and strength of system dynamics modelling method in solving problem in strategic planning area particularly in higher education sector. AIP Publishing 2015 Conference or Workshop Item PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/11852/1/Microworlds%20of%20the%20Dynamic%20Balanced%20Scorecard%20for%20University%20%28DBSC-UNI%29.pdf Nurul Nazihah, Hawari and Razman, Mat Tahar (2015) Microworlds of the Dynamic Balanced Scorecard for University (DBSC-UNI). In: AIP Conf. Proc. : The 2nd Innovation and Analytics Conference & Exhibition (IACE 2015) , 29 September - 1 October 2015 , Kedah. , 1691 (030009). ISBN 9780735413382 http://dx.doi.org/10.1063/1.4937028
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Pahang
building UMP Institutional Repository
collection Online Access
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Nurul Nazihah, Hawari
Razman, Mat Tahar
Microworlds of the Dynamic Balanced Scorecard for University (DBSC-UNI)
description This research focuses on the development of a Microworlds of the dynamic balanced scorecard for university in order to enhance the university strategic planning process. To develop the model, we integrated both the balanced scorecard method and the system dynamics modelling method. Contrasting the traditional university planning tools, the developed model addresses university management problems holistically and dynamically. It is found that using system dynamics modelling method, the cause-and-effect relationships among variables related to the four conventional balanced scorecard perspectives are better understand. The dynamic processes that give rise to performance differences between targeted and actual performances also could be better understood. So, it is expected that the quality of the decisions taken are improved because of being better informed. The developed Microworlds can be exploited by university management to design policies that can positively influence the future in the direction of desired goals, and will have minimal side effects. This paper integrates balanced scorecard and system dynamics modelling methods in analyzing university performance. Therefore, this paper demonstrates the effectiveness and strength of system dynamics modelling method in solving problem in strategic planning area particularly in higher education sector.
format Conference or Workshop Item
author Nurul Nazihah, Hawari
Razman, Mat Tahar
author_facet Nurul Nazihah, Hawari
Razman, Mat Tahar
author_sort Nurul Nazihah, Hawari
title Microworlds of the Dynamic Balanced Scorecard for University (DBSC-UNI)
title_short Microworlds of the Dynamic Balanced Scorecard for University (DBSC-UNI)
title_full Microworlds of the Dynamic Balanced Scorecard for University (DBSC-UNI)
title_fullStr Microworlds of the Dynamic Balanced Scorecard for University (DBSC-UNI)
title_full_unstemmed Microworlds of the Dynamic Balanced Scorecard for University (DBSC-UNI)
title_sort microworlds of the dynamic balanced scorecard for university (dbsc-uni)
publisher AIP Publishing
publishDate 2015
url http://umpir.ump.edu.my/id/eprint/11852/
http://umpir.ump.edu.my/id/eprint/11852/
http://umpir.ump.edu.my/id/eprint/11852/1/Microworlds%20of%20the%20Dynamic%20Balanced%20Scorecard%20for%20University%20%28DBSC-UNI%29.pdf
first_indexed 2023-09-18T22:12:52Z
last_indexed 2023-09-18T22:12:52Z
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