Monday 30 December 2013

The Corporate ScoreCard


"The Results 2013" was an analysis of various development programs by the World Bank The aim of the programs is to achieve the Millennium Development Goals. A few are listed below.

• Recruitment and training more than 4 million primary teachers
• Training around 2.7 million health workers
• Antenatal care to more than 188 million women
• Construction/ Rehabilitation of more than 189000 kms of roads
• Access to improved water source to 144 million people
• Increased lending

The Corporate Scorecard has three parts, Tier 1, 2 and 3. Tier 1 includes the Development Context, Tier 2 has Country Result supported by the banks, Tier 3 has Development outcomes and Operational Effectiveness Tier 4 talks about Organizational Effectiveness and Modernization.


Development Context Tier )

In this the indicators are Growth, Jobs Property, Institution and Governance, Human Development and Gender, Sustainable Development, Finance Pri8vate Sector Development and Trade. This includes an analysis of the complete development process in the countries and the outcome in a long term perspective.


Country Results Supported by Banks( Tier2)

In this the indicators are Support to Institutions and Governance, Support for Human Development and Gender, Support to Sustainable Development, Support to Finance, Private Sector Development and Trade. This indicator will prove how the World Bank supports the banks to achieve MDG

Development outcomes and Operational Effectiveness ( Tier3)

Indicators of this tier were Development Outcome rating, Lending Operations, Knowledge Activities and Control statements. These indicators will analyze the Management performance of the Banks

Organizational Effectiveness (Tier 4)

The indicators tells about on how Banks manage their skills, capacity, Resources and projects. In Kenya is the greatest example of the Operational Effectiveness. World Bank with the help of IDA (International Development Association which support the poorest countries, by giving loans and credits), IFC (International Finance Corporation) and from MIGA (Multilateral Investment Guarantee Agency) set up three thermal power generation projects and a geothermal project owned by the private sector which has a generation capacity of 270 MW.


In Maldives new schemes for waste management were introduced with the collaboration of private and public entities with the assistance of IFC and IDA. This scheme's investment was around $50 million and the process included waste collection, transportation and disposal. This became a successful project and 70% of the countries waste is disposed locally which resulted in reduced greenhouse gas emissions, reduced air, marine pollution and an increase in power


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