Strategy execution in State corporations: implementation of BSC and KPI

Zakhar Sharkov

Diplomová práce

Anotace:

The increasing competitiveness of modern economies urgently requires their significant dynamism, high adaptability to changing external conditions, susceptibility to various forms of innovation, scientific and technological progress. This fully applies to all elements of the economy, among which there is a special place captured by nonprofit organizations (NPOs). State corporations can be regarded as separate precedents of advanced approaches for creating and expanding the activities of NPOs and, at the same time, as of development institutions that contribute to an increase in the effectiveness of the implementation of state programs by means of long-term priority projects, as well as the performance of certain state functions.This paper aims to analyze how financial and non-financial performance measures fit together in state corporations considering BSC and KPI approaches. The paper is divided into theoretical and practical parts. The theoretical part makes it possible to form general knowledge about the activities of NPOs and about the features associated with their performance in the process of executing their strategies. In the second part, Russian state corporations that are functioning today are analyzed in terms of their business models and development strategies, performance measurement systems, as well as the quality and completeness of their annual reports.

Abstract:

The increasing competitiveness of modern economies urgently requires their significant dynamism, high adaptability to changing external conditions, susceptibility to various forms of innovation, scientific and technological progress. This fully applies to all elements of the economy, among which there is a special place captured by nonprofit organizations (NPOs). State corporations can be regarded as separate precedents of advanced approaches for creating and expanding the activities of NPOs and, at the same time, as of development institutions that contribute to an increase in the effectiveness of the implementation of state programs by means of long-term priority projects, as well as the performance of certain state functions.This paper aims to analyze how financial and non-financial performance measures fit together in state corporations considering BSC and KPI approaches. The paper is divided into theoretical and practical parts. The theoretical part makes it possible to form general knowledge about the activities of NPOs and about the features associated with their performance in the process of executing their strategies. In the second part, Russian state corporations that are functioning today are analyzed in terms of their business models and development strategies, performance measurement systems, as well as the quality and completeness of their annual reports.

Klíčová slova

Performance Management, Strategy, State Corporations, Management Accounting

Keywords

Performance Management, Strategy, State Corporations, Management Accounting

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 26. 11. 2018

Obhajoba závěrečné práce

• Obhajoba proběhla 11. 6. 2019
• Vedoucí: Jaroslav Wagner
• Oponent: Ondřej Matyáš

Vysoká škola ekonomická v Praze

Magisterský studijní program:
Finance and Accounting