The effect of engineering Process of organization based on using strategic management and Balanced Scorecard Systems
The effect of engineering Process of organization based on using strategic management and Balanced Scorecard Systems
Kianoush Ostovan1 Shiva Hosseini Foladi2
1) Free Institute of Higher Education of Borhan,Isfahan,Iran
2) Isfahan Islamic Azad University (khorasgan),Isfahan,Iran
IOI Code
:
XYGC-BCDKC
Publication :
3rd International Conference on Management and Humanities(3icmhconf.com)
Abstract :
Abstract:
Balanced Scorecard is a concept still widely used and respected in today’s business environment. It is as a Strategic Management System which used in many companies helps managers analyze the strengths and weaknesses of their organizations. So the aim of this review article study is the effect of engineering Process of organization based on using strategic management and Balanced Scorecard Systems. The results of this research showed that the balanced scorecard is framework for performance evaluation which gives a complete overview of the firm using a number of financial and non-financial measures and use of the Balanced Scorecard has high efficacy in decision-making and organizational actions. Also some organizations apply the balanced scorecard as a tool to control strategy implementation. With using Balanced Scorecard, control measures should be an appropriate representation of strategic goals and comply with business operations; therefore, considering non-financial measures and depicting the links between activities and criteria as clear as possible is naturally expected.
Keywords: strategic management, Organization, Balanced Scorecard, Managers
Keywords : strategic management organization balanced scorecard managers