doi: 10.7763/IJFCC.2012.V1.56
Leveraging on a Balanced Scorecard to Enhance Financial Perspective of an Organization
Anna K. Muchandigona
1
,
- 1 Department of Finance and Accounting Tshwane, University of Technology.
- 2 Department of Computer Science, Tshwane University of Technology
Abstract
The main objective of this paper is to discuss how organizations may leverage on the balanced scorecard to improve its financial perspective. The study provides a framework that assessed six factors influencing the use of the balanced scored to enhance the financial perspective of an organization. The factors were arranged in themes and were then empirically tested to determine their influence in improving an organization’s business value. Results demonstrated that value creation strategies are paramount in improving organization’s financial perspective. This study contributes to the literature of balanced scorecard and financial management of an organization. The developed framework is expected to be used by organizations in their day to day execution of activities for the wellness of their business.
Keywords
- Balanced scorecard
- financial management
- business strategies
How to Cite
Anna K. Muchandigona and Billy M. Kalema, "Leveraging on a Balanced Scorecard to Enhance Financial Perspective of an Organization," International Journal of Future Computer and Communication, vol. 1, no. 3, pp. 213-216, 2012. https://doi.org/ 10.7763/IJFCC.2012.V1.56
Copyright & License
Copyright © 2012 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).