MANAGEMENT OF THE ORGANIZATION BASED ON BALANCED SCORECARDS

Jelena Jovanovic

Abstract: This paper deals with the analysis of the Strategic Management System approach called Balanced Scorecard. At the very beginning of this article, the basic model of this syst em is presented with the detailed description of its function followed by a deep analysis of the numerous reference sources in order to test th e wider capacities of this system. The particular attention is paid to determ ine the number of BSC perspectives. In this sense, we investigate the literatu re concerning the integration of the issues related environmental protection into the basic concept of Balanced Scorecard.

Keywords: Balanced Scorecard, environmental management system, perspectives

DOI:

Recieved: 15.06.2011  Accepted: 18.11.2011  UDC: 65.012.32:005.6

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