The Balanced Scorecard - advantages and disadvantages
BücherAngebote / Angebote:
Seminar paper from the year 2006 in the subject Business economics - Controlling, grade: 1, 0, University of Northampton (University of Northampton), course: Management Accounting - Decision Making, 15 entries in the bibliography, language: English, abstract: ...
The Balanced Scorecard (BSC), developed 1992 by Kaplan and Norton, is a concept which measures a company's performance on the basis of traditional financial figures as well as non-financial measures. Therewith it provides managers with more relevant information than just with data about actions and decision of the past. (2gc ltd., 2003, Joyce&Woods, 2001, Wheelen&Hunger, 2002)
It is built on four essential pillars - finance, learning&growth, , customers and internal business processes - which all must be linked with the corporate vision and strategy to fathom the performance from different perspectives.
...
Folgt in ca. 10 Arbeitstagen