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Growing Science » Management Science Letters » Strategic planning and performance measurement using balanced scorecard: A case study of Iran Kaolin and Barite company

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Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 3 Issue 6 pp. 1655-1658 , 2013

Strategic planning and performance measurement using balanced scorecard: A case study of Iran Kaolin and Barite company Pages 1655-1658 Right click to download the paper Download PDF

Authors: A. Danaei, A. Omidifard

Keywords: Balanced scorecard, BSC

Abstract: This paper presents an empirical investigation to measure the performance of a mining firm in province of Semnan, Iran based on balanced scorecard (BSC). The proposed study investigates the present status of the case study in terms of four BSC perspectives including internal process, learning and growth, customer and financial figures. The firm uses BSC for one year and after that, we compared the performance of the firm prior and after BSC implementation. The preliminary results indicate that the firm was able to make a 30% improvement on its performance after one-year implementation of BSC. In other words, the firm was able to make 59% improvement on learning and growth, 33% growth on internal process, 32% growth on customer and 21% improvement on financial figures.

How to cite this paper
Danaei, A & Omidifard, A. (2013). Strategic planning and performance measurement using balanced scorecard: A case study of Iran Kaolin and Barite company.Management Science Letters , 3(6), 1655-1658.

Refrences
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Mozaffari, A., Kalaei, H., Shahhosseini, M & Chaghouee, Y. (2013). A new framework for
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Journal: Management Science Letters | Year: 2013 | Volume: 3 | Issue: 6 | Views: 2154 | Reviews: 0

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