The contribution of the balanced scorecard as a strategic management tool in management support
Keywords:
Balanced scorecard; Management tool; Strategy and planningAbstract
Balanced scorecard - BSC – treated initially as a system of performance measurement with base in indicators, that through time improved and today it is possible to affirm that it is a management tool. It presents an order of concepts and preexisting ideas in a logical, objective and intelligent way. Its correct application implies a series of advantages, such as the integration of financial and nonfinancial measures, the communication feedback of the strategy, the bond with planning and budget, major focus in aligning the organization. The benefits of the implantation are the most variable, where we can aim that the BSC offers a methodology of enterprise management that only proposes as financial measurement indicators the operational performance. The strategic application transforms that methodology into a management tool and available to the whole organization.
Downloads
Published
How to Cite
Issue
Section
License
License
The works published in this magazine are under the Creative Commons Attribution-NonCommercial 2.5 Argentina license.
Important: The author is the owner of the rights to exploit the contents of the article of his authorship.
You are free to:
Share — copy and redistribute the material in any medium or format.
Adapt — remix, transform and build from the material.
The licensor cannot revoke these liberties as long as you follow the terms of the license.
Under the following terms:
Attribution - You must give appropriate credit, provide a link to the license, and indicate if any changes have been made. You may do so in any reasonable way, but not in a way that suggests that you or your use is endorsed by the licensor.
Non-Commercial - You may not use the material for commercial purposes.
There are no additional restrictions - You cannot apply legal terms or technological measures that legally restrict others to make any use permitted by the license.
