Maximizing Strategy with an Effective Balanced Scorecard
نویسندگان
چکیده
منابع مشابه
Linking the Balanced Scorecard to Strategy
Some argue that managers cannot operate with multiple measurements of business-unit performance. While they recognize that aggregate financial measures (such as operating income, return on investment, and economic value added) are not perfect by themselves, they claim that financial measures at least are well understood and provide clear, unambiguous, and objective goals on which all organizati...
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The Balanced Scorecard of Kaplan and Norton is a management tool that supports the successful implementation of corporate strategies. It has been discussed and considered widely in both practice and research. By linking operational and non-financial corporate activities with causal chains to the firm’s long-term strategy, the Balanced Scorecard supports the alignment and management of all corpo...
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In recent years, the balanced score card (BSC) has been the focus of considerable methodology for strategic cost management in management accounting area since it was originally proposed by Kaplan ,R.S. and Norton, D.P. in 1992. BSC is an approach to performance measurement based on both financial and nonfinancial information from four perspectives which are called financial, customer, inter...
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Roadside Unit (RSU) in Vehicular Ad-hoc Network (VANET) is an essential unit usually placed at intersections to collect and analyze traffic data given from smart vehicles. Due to the costs of RSU setup, effective RSU allocation is one of important issues in VANET. In this paper, we provide an optimal RSU allocation algorithm with a concept of intersectionconnectivity between intersections. We i...
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Several years ago we introduced the Balanced Scorecard (Kaplan and Norton 1992). We began with the premise that an exclusive reliance on financial measures in a management system is insufficient. Financial measures are lag indicators that report on the outcomes from past actions. Exclusive reliance on financial indicators could promote behavior that sacrifices long-term value creation for short...
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ژورنال
عنوان ژورنال: The Winners
سال: 2016
ISSN: 2541-2388,1412-1212
DOI: 10.21512/tw.v17i1.1805