Implementation of Balanced Scorecard in Corporate Strategic Management

Authors

  • Eva Yuniarti Utami Universitas Sebelas Maret
  • Rosita Mei Damayanti Universitas Sebelas Maret
  • Diah Pramesti Universitas Sebelas Maret
  • Dama Yuninata Universitas Sebelas Maret
  • Rohmawan Adi Pratama Universitas Sebelas Maret

DOI:

https://doi.org/10.58812/wsjee.v1i02.266

Keywords:

Auditing, Corporate, Strategic, Management

Abstract

This study looks into how the Balanced Scorecard (BSC) was implemented in a West Javan manufacturing company and how it affected strategic management and organizational performance. A mixed-methods approach was used, integrating quantitative data obtained from surveys and performance measures with qualitative data from in-depth interviews and document analysis. The qualitative results draw attention to the intricate implementation process, which includes communication tactics, strategic goal-setting, and ongoing modification. Difficulties were noted, including resistance to change and worries about an increase in workload. Positive employee attitudes, greater alignment with company goals, and advancements in financial and operational measures are all indicated by the quantitative outcomes. The study offers insightful information to companies thinking about implementing BSC, highlighting the significance of open communication, staff involvement, and ongoing adaption for success.

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Published

2023-02-28

How to Cite

Utami, E. Y., Damayanti, R. M., Pramesti, D., Yuninata, D., & Pratama, R. A. (2023). Implementation of Balanced Scorecard in Corporate Strategic Management. West Science Journal Economic and Entrepreneurship, 1(02), 50–57. https://doi.org/10.58812/wsjee.v1i02.266

Issue

Vol. 1 No. 02 (2023): West Science Journal Economic and Entrepreneurship

Section

Articles

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Copyright (c) 2023 Eva Yuniarti Utami, Rosita Mei Damayanti, Diah Pramesti, Dama Yuninata, Rohmawan Adi Pratama

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