Optronics – International

Using technology to improve vision

Home - Tags: business & economy

Tag: business & economy

View On The Development Of The Balanced Scorecard

Posted on November 17, 2014 in News

A major achievement of the first generation of the balanced scorecard was coloured (“red – yellow – green”) system of information on the achievement of the objectives. This simple system of reporting allows the managers to quickly assess the State of the company. In this article, learn how this system is set up. Technological design of BSC for the absorbs separately taken society some necessary elements: the map of strategic tasks, which logically associated with the strategic objectives are, immediately the map of BSC (the effectiveness of quantitatively measuring business processes, “the point of the objective” and the deadlines for achieving the required results), the dedicated projects (investment, training, etc.), which ensure the introduction of the necessary changes. the instrument panels of the head of various levels for the control and the assessment of the activity. Just to say the strategy map is a one page description of the strategy in the form of causal investigation relationships.

The strategy map transforms the strategy from the rarely used document that is hidden in the dusty folder, in the plan of action. The financial perspective for the organization is located in the upper part of the map of the strategy. As a result, she captured the strategies of the size and productivity. In the non-commercial organisations to replace this financial perspective with high level often with the perspective of the mission. In any case, this perspective presents in all organizations, as the company suggests the benefits to its founders (shareholders, the management or the customer), increasing i.e. the market value of the company. The first level of the construction of a map of the balanced scorecard consists in determining the strategic goal of the anticipated result in the financial indicators. Such approach provides the secure basis for further planning. The real interest of the owner of the business is expressed. The selection of the strategy determines the model of the construction of the Organization, the direction the investment solutions.

Germany OptiCat

Posted on November 10, 2014 in News

MEMA is majority shareholder in OptiCat TecDoc is role model for Americans the American MEMA, Association of local automotive supplier, announced on February 11, 2010, that she has become majority shareholder at OptiCat LLC, the US counterpart of TecDoc. The AASA, daughter organization of MEMA and Association of manufacturers of spare parts, will run the MEMA’s commitment on their behalf. Thus, the MEMA added TecDoc information system from Germany and MindQuest from the United States to the existing shareholders. The MEMA is the only organization representing the North American producers of spare parts by the AASA. Therefore, is a leading role in OptiCat strategic significance. \”, said Bob McKenna, President of the MEMA. We think that OptiCat will enable a much more efficient data flow in the aftermarket with the support of our members.

This means a higher profitability for all parties involved. As shareholder and Member, we would like to the interests of our members in this important Technology initiative represented and improve the quality and speed of catalog and product data.\” Spare parts manufacturers collaborate on OptiCat to deliver their market well prepared data for electronic catalogs. The database allows traders to use a single source for all spare parts applications and to be able to identify the right spare part so quickly. The capital participation through AASA is fundamental for the success of the electronic parts catalogue OptiCat. \”, notes Steve glove, President of AASA. This approach is undoubtedly the best way to increase sales and profit. We want to share this view with our members and their customers.

\”All suppliers should contact the OptiCat program connect.\” there are just too many and too complicated processes in the distribution of data in the automotive aftermarket. This caused unnecessary costs and delays for all market participants. \”, says Brad Duncan, Managing Director of OptiCat. The previous North American \”Data model is many provide data to many others\”.