Relationship between Balance Scorecard and Strategic Planning of Enterprises

Author(s)

Thi Quyen Tran , Thi May Dang , Thi Nhung Truong ,

Download Full PDF Pages: 436-450 | Views: 453 | Downloads: 141 | DOI: 10.5281/zenodo.4991469

Volume 9 - October 2020 (10)

Abstract

The Balanced Scorecard (BSC) is a management system that helps managers as well as all employees in the organization determine their organization's vision and strategy and turn us into action. BSC provides feedback on internal operations as well as results, thereby helping all employees in the organization to continually improve to achieve the desired results. The article clues the relationship between the equilibrium points and strategic planning of the business.

Keywords

Balanced scorecard, business planning, Vietnam

References

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