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ERIC Number: ED496206
Record Type: Non-Journal
Publication Date: 2007
Pages: 15
Abstractor: Author
Reference Count: 50
ISBN: N/A
ISSN: N/A
Resource Allocation with the Use of the Balanced Scorecard and the Triple Bottom Line in Education
Nguyen, Chi Hong
Online Submission
In terms of the economic bottom line, effective school leaders are now supposed to pay close attention to two central tasks which involve managing resources and devising operational strategies in their action plans. Taking a postmodern viewpoint, the first part of this paper aims to discuss the significance of resource allocation in education and the necessity for competing priorities over what needs to be reviewed and done appropriately in the new organization. This part establishes a solid background for a further discussion on the evolving process of business techniques in resource allocation, which begins with strategic planning and then moves onto strategic thinking, values-based approach, metastrategic management and appreciative inquiry. A critical portion of this paper which is concerned with practical strategic management techniques examines the uses of the Balanced Scorecard and the Triple Bottom Line in school management with an investigation into the complementary relationship between the two terms in educational settings. It is mainly argued throughout this analysis that there needs to be a better understanding of the members' values and beliefs in educational leadership.
Publication Type: Opinion Papers; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A