Applications of Balanced Scorecard in Different Business Contexts

Abstract

In this project, it is aimed to explain the elements and give background information, to show industrial applications of balanced scorecard in different industries, to show implementations of balanced scorecard in 4 chosen companies, to explain corporate balanced scorecard in academic studies, and last but not least conclude the research. The results of this analysis indicates that this document is a very important tool for a company to track and measure its success, detect and identify the relevant measures and actions in order to achieve the overall goals. It is seen that even the single work of an employee can highly contribute to the goals of the company, if integrated with balanced scorecard. This study is expected to contribute to the literature by its focus on the important performance measurement system of Corporate Balanced Scorecard and the application of this system in different contexts.