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Management - Balanced Scorecard
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Balanced Scorecard implementation in SMEs: reflection on
literature and practice |
Research has indicated that the degree of strategic
planning in organisations is likely to have a direct
impact on business performance and business evaluation.
However, these findings leave small and medium- sized
businesses (SMEs) in particular, with the challenge of
matching the requirement for an improved strategic
planning processes with the competitive advantage
associated with being a “simple” and highly responsive
organisation. In response to that challenge this paper
discusses the potential benefits to SMEs in adopting the
Balanced Scorecard methodology and the underlying
management processes most relevant to SMEs. It also
makes observations about how use and value may differ
between Balanced Scorecard application in large and
smaller enterprises. pdf 2001 |
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