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What is Balanced Scorecard (BSC)

Chapter 1
Handbook of Research on Cyber Approaches to Public Administration and Social Policy
BSC is a framework that enables us to implement and manage any strategy. It is a business performance management tool that balances financial measures with the organization's performance measures and goals.
Published in Chapter:
A Systematic Literature Network Analysis (SLNA) Towards Corporate Sustainability in the Context of Triple Bottom Line
Nazli Ersoy (Kilis 7 Aralık University, Turkey)
Copyright: © 2022 |Pages: 27
DOI: 10.4018/978-1-6684-3380-5.ch001
Abstract
Sustainability basically means to continue, to maintain anything. The equivalent of sustainability on a firm basis is expressed as corporate sustainability. Corporate sustainability has three dimensions: economic, social, and environmental. This study aimed to use the systematic literature network analysis (SLNA) method to evaluate corporate sustainability on triple bottom line (TBL). In this context, SLNA on the development and evolution of the corporate sustainability issue was carried out with 1929 studies obtained from the Scopus database. VOSviewer software tool was used for constructing and visualizing bibliometric networks and Gephi software tool was used for network visualization. The studies on corporate sustainability, published in the period between 2016-2021, were mainly examined on the basis of year, journals, author details, keywords, and citation information parameters. This study is important as it is the first bibliometric study on corporate sustainability using SLNA.
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Chapter 129
PACS Contribution to Hospital Strategy via Improved Workflow
BSC is a framework that measures organizational performance along various perspectives in accordance with the organizational strategy and vision.
Published in Chapter: PACS Contribution to Hospital Strategy via Improved Workflow; From: Encyclopedia of Healthcare Information Systems
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Chapter 38
Implementing ActiveStrategy in Miami-Dade County
This refers to organizational performance metrics devised by Professors Robert Kaplan and David Norton in 1992 that call for use of financial, internal process, customer, and employee growth indicators.
Published in Chapter: Implementing ActiveStrategy in Miami-Dade County; From: Handbook of Research on Strategies for Local E-Government Adoption and Implementation: Comparative Studies
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Chapter 23
A Methodology to Evaluate ICT Platforms in the Implementation of e-Government
A strategic planning and management system that is used in business and industry, government, and nonprofit organizations to align business activities to the vision of the organization, and monitor organization performance against strategic goals.
Published in Chapter: A Methodology to Evaluate ICT Platforms in the Implementation of e-Government; From: Handbook of Research on E-Government in Emerging Economies: Adoption, E-Participation, and Legal Frameworks
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Chapter 29
Big Data Analytics and Visualization of Performance of Stock Exchange Companies Based on Balanced Scorecard Indicators
The Balanced Scorecard (BSC) is a managerial tool that defines the current and potential status of the organization based on specific and targeted objectives and measurements. BSC goes beyond typical performance measurement to be a popular strategic management tool that has been used widely ( Rigby & Bilodeau, 2015 ).
Published in Chapter: Big Data Analytics and Visualization of Performance of Stock Exchange Companies Based on Balanced Scorecard Indicators; From: Handbook of Research on Big Data Storage and Visualization Techniques
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Chapter 1
Strategic Management Accounting: Dimensions and Strategic Tools
Tool for measuring the performance of strategic management used to provide a feedback on identifying and improving internal business functions and external results.
Published in Chapter: Strategic Management Accounting: Dimensions and Strategic Tools; From: Sustainability Reporting, Ethics, and Strategic Management Strategies for Modern Organizations
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Chapter 27
Strategic E-Business Management through a Balanced Scored Card Approach
A strategic planning and management system that provides a balanced picture of current operating performance as well as the drivers of future.
Published in Chapter: Strategic E-Business Management through a Balanced Scored Card Approach; From: Encyclopedia of E-Commerce Development, Implementation, and Management
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Chapter 10
The Role of Business Analytics in Performance Management
Management practice that attempts to complement drivers of past performance with the drivers of future performance in an organization.
Published in Chapter: The Role of Business Analytics in Performance Management; From: Handbook of Research on Organizational Transformations through Big Data Analytics
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Chapter 135
Evaluating Online Programs Using a BSC Approach
A tool that reflects “a carefully selected set of measures derived from an organization’s strategy” (Niven, 2002, p. 12). These measures reflect the four to five perspectives that an organization judges to be critical to achieve its mission and strategic objectives.
Published in Chapter: Evaluating Online Programs Using a BSC Approach; From: Encyclopedia of Distance Learning, Second Edition
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