Balanced scorecard – sustainable development tool Cover Image

Balanced scorecard – sustainable development tool
Balanced scorecard – sustainable development tool

Author(s): Leontina Betianu, Sorin Briciu
Subject(s): Business Economy / Management, Economic development
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: balanced scorecard; sustainable development; performance;

Summary/Abstract: The sustainable management of a business requires the consideration of all the business components, both the economic activity and the aspects related to its impact on the environment and its social implications. The Balanced Scorecard (BSC) is a management tool supporting the successful implementation of corporative strategies. This helps connecting operational and non-financial activities that have a significant impact on the economic success of a business. BSC is therefore a promising starting point to include in a company’s management system both the social and environmental aspects. This paper deals with the traditional BSC and the current BSC development trends, which consider sustainability.

  • Issue Year: 58/2011
  • Issue No: Spec
  • Page Range: 19-27
  • Page Count: 9
  • Language: English