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An evaluation of performance using the balanced scorecard model for the university of Malawis polytechnic
Author(s) -
Chimtengo Stephen,
Mkandawire Kezzie,
Hanif Rabiya
Publication year - 2017
Publication title -
african journal of business management
Language(s) - English
Resource type - Journals
ISSN - 1993-8233
DOI - 10.5897/ajbm2016.8201
Subject(s) - balanced scorecard , sample (material) , perspective (graphical) , work (physics) , institution , business , knowledge management , psychology , business administration , management , process management , sociology , computer science , engineering , economics , social science , mechanical engineering , chemistry , chromatography , artificial intelligence
The study was conducted with a view to evaluate the performance of the University of Malawi’s Polytechnic using the Balanced Scorecard model. The research employed a deductive approach and adopted a survey strategy.  A closed questionnaire eliciting demographic characteristics and work related factors was sent to a sample of the Polytechnic stakeholders who were selected using a non-random purposive technique.  The results indicated that the institution’s performance was poor on all the perspectives of the balanced scorecard. However, the performance of the college based on output performance measures was rated as good. The results have also shown that the internal processes and innovation, and learning processes showed a strong correlation to performance measures.   Key words: Balanced scorecard, financial perspective, customer perspective, internal processes, innovation and learning, performance measures.

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