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The Approaches and Uses of the Balanced Scorecard- A Comparative Study

Publication Type : Conference Proceedings

Source : AIMS International Conference on Management, IIM Kozhikode (2020)

Url : http://www.aims-international.org/aims17/17ACD/PDF/A271-Final.pdf

Campus : Kochi

School : School of Business

Year : 2020

Abstract : Modern organizations implement various strategies to ensure competitive advantage. Innovative strategies and effective control mechanisms have become a must than a choice. Over the years, the Balanced Score Card (BSC) has emerged as a reliable performance management tool. Many users have customized traditional BSC to suit their situational requirements. This paper undertakes a comparative study of the usage of the BSC in organizations across four sectors- technology, electronics, automobile, pharmaceuticals. The study is based on inputs collected from prior publications. This comparison gives a fair understanding of the innovative methods and best practices of using the BSC.

Cite this Research Publication : Abhay Dev K, Vandana Madhavan, "The Approaches and Uses of the Balanced Scorecard- A Comparative Study", AIMS International Conference on Management, IIM Kozhikode (2020)

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