Managing energy efficiency in the process industry with performance measurement and rewarding - Case Borealis Polymers Oy
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School of Economics |
Master's thesis
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Authors
Date
2009
Major/Subject
Accounting
Laskentatoimi
Laskentatoimi
Mcode
Degree programme
Language
en
Pages
106
Series
Abstract
MANAGING ENERGY EFFICIENCY IN THE PROCESS INDUSTRY WITH PERFORMANCE MEASUREMENT AND REWARDING – CASE BOREALIS POLYMERS OY Research objectives The objective of this study was to examine the impact of measuring and rewarding energy efficiency on work motivation. The goal was to find out, whether measuring and rewarding energy efficiency are experienced as motivating in the case company and how these elements should be further developed so that work motivation could be expected to improve. Sources The theoretical part of the study was compiled out of a wide range of research articles, reports and academic textbooks concerning performance measurement, work motivation, rewarding and measuring energy efficiency. The data used in the empiric part consisted of theme interviews with the case company representatives and written material from the company. Research method The study was conducted by using theme interviews and informal discussions with the case company representatives. The interviewees consisted of directors, technical professionals and floor level employees i.e. operators. Altogether twenty one people were interviewed. Additionally, the company’s written material, such as scorecards, was used as a study material. Results The study showed that influencing measuring and rewarding energy efficiency is experienced difficult especially in the floor level of the company. For this reason, the effects of measuring and rewarding energy efficiency on work motivation were experienced as limited. During the interviews, five themes on how to enhance energy efficiency in the case company emerged: shared ownership, employee involvement, concrete training, illustrative measuring and real-time information. As a conclusion of this study, Map to motivation -framework was constructed.Description
Keywords
Energy efficiency, performance measurement, rewarding, work motivation