Theoretical Aspects of Economic Balanced Scorecard Analysis
Abstract
The author proposes theoretical and methodological aspects of the applied strategic analysis (ASA) as a new instrument of the balanced scorecard (BSC) comprehensive study of the organization economic activity. The ASA concept has resulted from the further development of the BSC concept which defines a set of the analyzed indicators and the analysis sequence. Such are the main ASA objectives: comparative evaluation of the BSC data, diagnostics of the BSC data divergence and forecast of the BSC data. All the objectives are closely interrelated, as every coming problem entails from the previous one. The principle of the ASA implementation, a deduction principle, is understood as a research, firstly, of the general BSC indicators, then – specific ones. The basic ASA applications are as follows: analysis of financial data, analysis of customers’ data, analysis of the internal business processes data and analysis of the personnel training and development.Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.
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