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Year 2017, Volume: 3 Issue: 9, 1056 - 1074, 27.12.2017
https://doi.org/10.18769/ijasos.373044

Abstract

References

  • Muller A. (2000). Strategisches Management mit der Balanced Scorecard. Stuttgart, 2000. Stoyanov, E., Tranev, S. (2016). The truth about a social dilemma or the solution of a management problem. American Journal of Science and Technologies, N 1(21), Princeton University Press. Stoyanov, E. (2016b). Control of organizational success or a strategy to improve the factor „knowledge”. The teacher of the future Ninth International Scientific Conference, International journal Knowledge, Vol. 13.2. Stoyanov, E. (2016d). Social programming in contemporary society – an alternative in strategic management. Tenth International Scientific Conference Тhe power of knowledge, International Journal Knowledge, Vol.14.1. Stoyanov, E. (2016e). Opportunities of modern understandings on human capital. Journal of Economic Development, Environment and People 5-4. Stoyanov, E. (2016f). Active social programs and their strategic advantages in labor market development. Journal of Economic Development, Environment and People 5-1. Stoyanov, E. (2011). Upravlenie i kontrol na proekti. Libra Skorp, Burgas. Goldenberg, H., Hoffecker, J. (1994). Using the Balanced Scorecard to develop companywide performance measures. Journal of Cost Management. Friedag, H.R., Schmidt, W. (1999). Balanced Scorecard – Mehralsein Kennzahlensystem, RHV, Fr\G. Ehrmann, H. (2000) Kompakt – Training Balanced Scorecard, Ludwigshafen. Mintzberg, H., Ahlstrand, B., & Lampel, J. (1997). Strategy safari. a guided tour throut the wilds of strategic management. L. Mintzberg, H., Ahlstrand, B., & Lampel, J. (1997). Strategy safari. a guided tour throut the wilds of strategic management. L. Kaplan, R., Norton D. (1992). The Balanced Scorecard: measures that drive performance. Harvard Business Review, I-II. Kaplan, R., Norton D. (1993). Putting the Balanced Scorecard to work. Harvard Business Review. Eccles, R., Pyburn, P. (1992). Creating a comprehensive system to measure performance. Management Accounting, X. Simons, R. (1995). Levers of control: how managers use innovative control systems to drive strategic renewal. Boston: Harvard Business School Press. Terziev, V. Stoyanov, E. (2015). Vyzovy upravlencheskogo kontrolya v protsesse sotsialnogo programmirovaniya. Novosibirsk. Terziev, V., Stoyanov, Е. (2015a). Dependencies between social programming as a basis of regulating social development and the concept of controlling, Fifth international scientific and applicative conference Knowledge – who and what, Journal of Process Management (JPMNT) – New Technologies, International, Special Edition, Volume 9. Terziev, V., Dimitrova, S., & Stoyanov, E. (2015). Assessment of social programming efficiency in dynamic social environment. Journal of Innovations and Sustainability, Vol. 1, No 1. Botta, V. (2001). Balanced Controlling //IS-Report 3. Terziev, V., Stoyanov, Е. (2015b). Management control as an effective instrument in implementation of the social program as a product of social programming, Fifth international scientific and applicative conference Knowledge – who and what, Journal of Process Management (JPMNT) – New Technologies, International, Special Edition, Volume 9. Terziev, V., Dimitrova, S., & Stoyanov, E. (2015). Development of active social programs. Journal of Innovations and Sustainability, Vol.1, No1. Terziev. V., E. Stoyanov, Marin Georgiev (2017), Sbalansirovanaya map, how the alternative to malo business, International Science Journal "Innovative Science" №2 / 2017.Terziev. V., Е. Stoyanov, M. Georgiev (2017a), The factotor information in the making of „The right“ decision, Scientific journal „Economics and finance“, Publishing house „BREEZE“. Terziev. V., Е. Stoyanov, M. Georgiev,(2017b) One solution for costs minimanization in the banking sector, Scientific journal „Economics and finance”, Publishing house „BREEZE“. Terziev. V., Е. Stoyanov, M. Georgiev (2017c), Institutional team work-opportunity for improvement of financial control, Scientific journal „Economics and finance“, Publishing house „BREEZE“. Terziev. V., E. Stoyanov (2017a), Functional Characteristics and Development Ideas Control, International Science Journal Internauka. Terziev. V., Stoyanov. E. (2017b), Formation of audience and institutionalization, International Science Journal Internauka. Terziev, V., E. Stoyanov, (2017c) Instruments for evaluating the financial efficiency of social programs, Fiscal and credit system: vector of rosters, Master of Science II International Scientific and Practical Conference, Uzhgorod. Terziev, V., E. Stoyanov, (2017d) Model financial assessments of social programs, Fiscal and credit system: vector of growth, Secondary scientific and practical conference, Uzhgorod. Terziev, V., E. Stoyanov (2017e), Financial Evaluation of Social Effectiveness, Financing-Credit System: Vector Growth, International Journal of Social Science, UzhgorodTerziev. V., Stoyanov E., Georgiev M. (2017d), The balanced scorecard model as atool for improvement of the national defense system management, Research: tendencies and prospects: Collection of scientific articles. – Editorial Arane, S.A. de C.V.

OPPORTUNITIES OF APPLICATION OF THE BALANCED SCORECARD IN MANAGEMENT AND CONTROL

Year 2017, Volume: 3 Issue: 9, 1056 - 1074, 27.12.2017
https://doi.org/10.18769/ijasos.373044

Abstract

Modern organizations focus on the importance of strategic
management and control over current and short-term goals and their corrective
role on the strategic success factors of the organization in the process of
using the resources of the external environment, ignoring the challenges;
as the
priorities of the activity are to maximally satisfy public expectations, to
minimize the spending of resources, to use its own priorities, to successfully
overcome uncertainty and risk, to introduce the adequacy of management
decisions against the background of reasonable and measured risk. In the study
alternatives
are discussed as
the Balanced Scorecard model
suggested by observations and practice, and implications are provided in regard to changing and
improving the architecture of the Balanced
Scorecard (BSC)
as a tool for management and control in conditions of high variability and
uncertainty of the
economic and social
environment.
Examined are some models in place to
develop and implement
the BSC and on this
basis are structured
conclusions and
recommendations

in the following aspects:
the
organization's strategy, which involves
the application of BSC and the
inclusion of elements to develop key aspects of the strategy; the potential of
the
BSC model and its
application according to the different needs of management;
the
needs of the process of developing and implementing
BSC
and
to further expand the applications of the BSC
as a strategic management tool requiring an assessment of the expected status
and priorities in the control of the indicators included.

References

  • Muller A. (2000). Strategisches Management mit der Balanced Scorecard. Stuttgart, 2000. Stoyanov, E., Tranev, S. (2016). The truth about a social dilemma or the solution of a management problem. American Journal of Science and Technologies, N 1(21), Princeton University Press. Stoyanov, E. (2016b). Control of organizational success or a strategy to improve the factor „knowledge”. The teacher of the future Ninth International Scientific Conference, International journal Knowledge, Vol. 13.2. Stoyanov, E. (2016d). Social programming in contemporary society – an alternative in strategic management. Tenth International Scientific Conference Тhe power of knowledge, International Journal Knowledge, Vol.14.1. Stoyanov, E. (2016e). Opportunities of modern understandings on human capital. Journal of Economic Development, Environment and People 5-4. Stoyanov, E. (2016f). Active social programs and their strategic advantages in labor market development. Journal of Economic Development, Environment and People 5-1. Stoyanov, E. (2011). Upravlenie i kontrol na proekti. Libra Skorp, Burgas. Goldenberg, H., Hoffecker, J. (1994). Using the Balanced Scorecard to develop companywide performance measures. Journal of Cost Management. Friedag, H.R., Schmidt, W. (1999). Balanced Scorecard – Mehralsein Kennzahlensystem, RHV, Fr\G. Ehrmann, H. (2000) Kompakt – Training Balanced Scorecard, Ludwigshafen. Mintzberg, H., Ahlstrand, B., & Lampel, J. (1997). Strategy safari. a guided tour throut the wilds of strategic management. L. Mintzberg, H., Ahlstrand, B., & Lampel, J. (1997). Strategy safari. a guided tour throut the wilds of strategic management. L. Kaplan, R., Norton D. (1992). The Balanced Scorecard: measures that drive performance. Harvard Business Review, I-II. Kaplan, R., Norton D. (1993). Putting the Balanced Scorecard to work. Harvard Business Review. Eccles, R., Pyburn, P. (1992). Creating a comprehensive system to measure performance. Management Accounting, X. Simons, R. (1995). Levers of control: how managers use innovative control systems to drive strategic renewal. Boston: Harvard Business School Press. Terziev, V. Stoyanov, E. (2015). Vyzovy upravlencheskogo kontrolya v protsesse sotsialnogo programmirovaniya. Novosibirsk. Terziev, V., Stoyanov, Е. (2015a). Dependencies between social programming as a basis of regulating social development and the concept of controlling, Fifth international scientific and applicative conference Knowledge – who and what, Journal of Process Management (JPMNT) – New Technologies, International, Special Edition, Volume 9. Terziev, V., Dimitrova, S., & Stoyanov, E. (2015). Assessment of social programming efficiency in dynamic social environment. Journal of Innovations and Sustainability, Vol. 1, No 1. Botta, V. (2001). Balanced Controlling //IS-Report 3. Terziev, V., Stoyanov, Е. (2015b). Management control as an effective instrument in implementation of the social program as a product of social programming, Fifth international scientific and applicative conference Knowledge – who and what, Journal of Process Management (JPMNT) – New Technologies, International, Special Edition, Volume 9. Terziev, V., Dimitrova, S., & Stoyanov, E. (2015). Development of active social programs. Journal of Innovations and Sustainability, Vol.1, No1. Terziev. V., E. Stoyanov, Marin Georgiev (2017), Sbalansirovanaya map, how the alternative to malo business, International Science Journal "Innovative Science" №2 / 2017.Terziev. V., Е. Stoyanov, M. Georgiev (2017a), The factotor information in the making of „The right“ decision, Scientific journal „Economics and finance“, Publishing house „BREEZE“. Terziev. V., Е. Stoyanov, M. Georgiev,(2017b) One solution for costs minimanization in the banking sector, Scientific journal „Economics and finance”, Publishing house „BREEZE“. Terziev. V., Е. Stoyanov, M. Georgiev (2017c), Institutional team work-opportunity for improvement of financial control, Scientific journal „Economics and finance“, Publishing house „BREEZE“. Terziev. V., E. Stoyanov (2017a), Functional Characteristics and Development Ideas Control, International Science Journal Internauka. Terziev. V., Stoyanov. E. (2017b), Formation of audience and institutionalization, International Science Journal Internauka. Terziev, V., E. Stoyanov, (2017c) Instruments for evaluating the financial efficiency of social programs, Fiscal and credit system: vector of rosters, Master of Science II International Scientific and Practical Conference, Uzhgorod. Terziev, V., E. Stoyanov, (2017d) Model financial assessments of social programs, Fiscal and credit system: vector of growth, Secondary scientific and practical conference, Uzhgorod. Terziev, V., E. Stoyanov (2017e), Financial Evaluation of Social Effectiveness, Financing-Credit System: Vector Growth, International Journal of Social Science, UzhgorodTerziev. V., Stoyanov E., Georgiev M. (2017d), The balanced scorecard model as atool for improvement of the national defense system management, Research: tendencies and prospects: Collection of scientific articles. – Editorial Arane, S.A. de C.V.
There are 1 citations in total.

Details

Journal Section Articles
Authors

Venelin Terziev

Vanja Banabakova

Oleg Latyshev

Marin Georgiev

Publication Date December 27, 2017
Submission Date September 5, 2017
Published in Issue Year 2017Volume: 3 Issue: 9

Cite

EndNote Terziev V, Banabakova V, Latyshev O, Georgiev M (December 1, 2017) OPPORTUNITIES OF APPLICATION OF THE BALANCED SCORECARD IN MANAGEMENT AND CONTROL. IJASOS- International E-journal of Advances in Social Sciences 3 9 1056–1074.

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