NEW DIMENSIONS OF BALANCED SCORECARD

Erika Blumne Ban; Roland Gacsi; Katalin LEPP

Article Details

NEW DIMENSIONS OF BALANCED SCORECARD

Authors:

Erika Blumne Ban | Roland Gacsi | Katalin LEPP

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Business and Management Studies 2013 Vol.5 Issue 1, pp.162-171

Document Type:

Article

Publication Date:

5/2013

Document Language:

Turkish

Document ID (Org No.):

2000809227

Frequency:

Bi-Annual

eISSN:

1309-8047

Abstract:

 

The Balanced Scorecard’s primary form of novelty is that it connects strategic
 management with control and it relies not only on financial but non-financial
 indicators also. Its simplicity, transparency, and substantive responses on
 management problems made it extremely popular. Introduction of the Balanced
 Scorecard requires innovative organizational culture, otherwise the development
 can be hugely tiring and energy-intensive.
 Strategists (senior), executive staff, together with the whole organization go
 through a learning process while implementing the model. Controlling is in charge
 of monitoring the plan to be carried out properly.
 In our presentation we would like to create a picture of corporate performance
 evaluation systems with particular focus on the traditional financial aspects
 highlighting their deficiencies.
 Briefly we also would like to show those complex corporate performance
 evaluation approaches introduced in the 21st Century also known as the
 information age, which contributed significantly to the value creation in
 businesses. 
 Furthermore we find it important to describe the main features, steps of
 introduction and conditions of the Balanced Scorecard. Finally our target was to
 provide a possible adaptation of the Balanced Scorecard methodology to a
 company’s controlling system.

Article Details

NEW DIMENSIONS OF BALANCED SCORECARD

Authors: Erika Blumne Ban | Roland Gacsi | Katalin LEPP

Publisher: Sosyal Bilimler Araştırmaları Derneği

Journal: International Journal of Business and Management Studies 2013 Vol.5 Issue 1, pp.162-171

Document Type: Article

Publication Date: 5/2013

Document Language: Turkish

Document ID (Org No.): 2000809227

Frequency: Bi-Annual

eISSN: 1309-8047

Issues

Authors:

Erika Blumne Ban | Roland Gacsi | Katalin LEPP

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Business and Management Studies 2013 Vol.5 Issue 1, pp.162-171

Document Type:

Article

Publication Date:

5/2013

Document Language:

Turkish

Document ID (Org No.):

2000809227

Frequency:

Bi-Annual

eISSN:

1309-8047