DEVELOPING METHODOLOGY FOR BSC METHOD IMPLEMENTATION IN SMALL AND MEDIUM ENTERPRISES

Boris Valjevac; Ljiljana Sorak; Miloš Sorak

doi:10.7251/OIK1402010V

Authors

Boris Valjevac Bemind a.d. Banja Luka
Ljiljana Sorak College of Economics and Informatics Prijedor
Miloš Sorak University of Banja Luka, Faculty of Technology

DOI:

https://doi.org/10.7251/OIK1402010V

Keywords:

BSC methodology, strategic plan, perspectives, critical factors, measurements, small and medium enterprises

Abstract

The Study develops methodology for BSC method application in small and medium enterprises. It is presented through establishing perspectives, identifying critical success factors and defining measurements. The purpose of BSC method is to translate strategic plan into measurable business goals through which is possible to monitor quality of business in the company.

The first phase of this study explained the concept and definition of the BSC method application process.

The second phase showed the process of BSC application methods on a selected company.

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