Cilt 3, Sayı 9, Sayfalar 1056 - 1074 2017-12-25

OPPORTUNITIES OF APPLICATION OF THE BALANCED SCORECARD IN MANAGEMENT AND CONTROL

Venelin Terziev [1] , Vanja Banabakova [2] , Oleg Latyshev [3] , Marin Georgiev [4]

6 13

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.

balanced scorecard,management,control,development
  • 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.
Konular Sosyal ve Beşeri Bilimler
Dergi Bölümü Makaleler
Yazarlar

Yazar: Venelin Terziev
E-posta: terziev@skmat.com
Ülke: Bulgaria


Yazar: Vanja Banabakova
E-posta: v.banabakova@abv.bg
Ülke: Bulgaria


Yazar: Oleg Latyshev
E-posta: papa888@list.ru
Ülke: Russian Federation


Yazar: Marin Georgiev
E-posta: clementon@abv.bg
Ülke: Bulgaria


Bibtex @araştırma makalesi { ijasos373044, journal = {International E-Journal of Advances in Social Sciences}, issn = {}, address = {OCERINT International Organization Center of Academic Research}, year = {2017}, volume = {3}, pages = {1056 - 1074}, doi = {10.18769/ijasos.373044}, title = {OPPORTUNITIES OF APPLICATION OF THE BALANCED SCORECARD IN MANAGEMENT AND CONTROL}, language = {en}, key = {cite}, author = {Terziev, Venelin and Banabakova, Vanja and Latyshev, Oleg and Georgiev, Marin} }
APA Terziev, V , Banabakova, V , Latyshev, O , Georgiev, M . (2017). OPPORTUNITIES OF APPLICATION OF THE BALANCED SCORECARD IN MANAGEMENT AND CONTROL. International E-Journal of Advances in Social Sciences, 3 (9), 1056-1074. DOI: 10.18769/ijasos.373044
MLA Terziev, V , Banabakova, V , Latyshev, O , Georgiev, M . "OPPORTUNITIES OF APPLICATION OF THE BALANCED SCORECARD IN MANAGEMENT AND CONTROL". International E-Journal of Advances in Social Sciences 3 (2017): 1056-1074 <http://ijasos.ocerintjournals.org/issue/32897/373044>
Chicago Terziev, V , Banabakova, V , Latyshev, O , Georgiev, M . "OPPORTUNITIES OF APPLICATION OF THE BALANCED SCORECARD IN MANAGEMENT AND CONTROL". International E-Journal of Advances in Social Sciences 3 (2017): 1056-1074
RIS TY - JOUR T1 - OPPORTUNITIES OF APPLICATION OF THE BALANCED SCORECARD IN MANAGEMENT AND CONTROL AU - Venelin Terziev , Vanja Banabakova , Oleg Latyshev , Marin Georgiev Y1 - 2017 PY - 2017 N1 - doi: 10.18769/ijasos.373044 DO - 10.18769/ijasos.373044 T2 - International E-Journal of Advances in Social Sciences JF - Journal JO - JOR SP - 1056 EP - 1074 VL - 3 IS - 9 SN - -2411-183X M3 - doi: 10.18769/ijasos.373044 UR - http://dx.doi.org/10.18769/ijasos.373044 Y2 - 2017 ER -
EndNote %0 International E-Journal of Advances in Social Sciences OPPORTUNITIES OF APPLICATION OF THE BALANCED SCORECARD IN MANAGEMENT AND CONTROL %A Venelin Terziev , Vanja Banabakova , Oleg Latyshev , Marin Georgiev %T OPPORTUNITIES OF APPLICATION OF THE BALANCED SCORECARD IN MANAGEMENT AND CONTROL %D 2017 %J International E-Journal of Advances in Social Sciences %P -2411-183X %V 3 %N 9 %R doi: 10.18769/ijasos.373044 %U 10.18769/ijasos.373044