Design and implementation of a balanced scorecard in a colombian company

A. Jose Cano, J. José Vergara, A. Fabio Puerta

Research output: Contribution to journalArticlepeer-review

7 Scopus citations

Abstract

© 2017. This article presents the design and implementation of a Balanced Scorecard (BSC) in a medium-sized company in Colombia, providing synthetic indicators for objectives, perspectives and business strategies through key performance indicators (KPIs) and a hierarchical weighting method. The BSC combines the subjectivity in assigning weights to KPIs, objectives and perspectives, with the objectivity in the quantitative method of normalization and aggregation of indicators, facilitating SMEs monitoring the achievement of goals, support decision-making and implement action plans to achieve business goals.
Original languageAmerican English
Pages (from-to)19-19 
Number of pages1
JournalEspacios
Volume38
Issue number31
StatePublished - 1 Jan 2017

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