Highlights of the Evolution of the 'Balanced Scorecard' Idea as a Model for Managing Strategy Development and Control
Proceedings of SOCIOINT 2017- 4th International Conference on Education, Social Sciences and Humanities, 10-12 July 2017- Dubai, UAE
4 Pages Posted: 1 Aug 2017
Date Written: July 10, 2017
This article explores the development of the ‘‘balanced scorecard’’ idea in various conditions. Observing the process of perfecting the idea provides information about the way this concept adapts both to specific organizational needs and industrial specificities. Exactly for this reason, as a focal point of the article could be identified the functional development of the balanced scorecard and its transformation from a model of analysis and assessment to one which could be applied to expressed organization and corporate strategies. Our objective predetermines the inclusion of mainly analytical methods in the methodology preferred in this study.
Keywords: Balanced scorecard (BSC), model, strategy, concept, perspective, Stakeholder theory
JEL Classification: E00; E19
Suggested Citation: Suggested Citation