Balanced Scorecard: Literature Review and Implementation in Organization
Abstract
The balanced scorecard is a formal management technique for developing, implementing, and managing business strategies. It isn't easy to ascertain the technique's success. Most of the literature on its implementation is put out by those with a vested interest in its success as a commercial product. Much has been written about barriers to strategy implementation but not specifically to implementing a balanced scorecard. The literature review in this paper shows that studies on BSC implementation in corporate organizations focus on improving organizational performance, assisting in decision making, assisting in component selection, evaluating production and learning and sustainable growth. This paper provides benefits for further research to add to the literature and understanding of the implementation of the Balanced Scorecard in any organization.
Keywords
balanced scorecard; organizational performance; industry 4.0; literature review
Full Text:
PDFDOI: http://dx.doi.org/10.22441/oe.2021.v13.i1.012
Refbacks
- There are currently no refbacks.
Copyright (c) 2021 Operations Excellence: Journal of Applied Industrial Engineering
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Journal ISSN:
Print ISSN: 2085-4293 | |
Online ISSN: 2654-5799 |
Tim Editorial Office
Operations Excellence: Journal of Applied Industrial Engineering
Magister Teknik Industri Universitas Mercu Buana
Jl. Raya Meruya Selatan No. 1 Kembangan Jakarta Barat
Email: [[email protected]]
Website: http://publikasi.mercubuana.ac.id/index.php/oe
Journal DOI: 10.22441/oe
The Journal is Indexed and Journal List Title by: