RATIONALE OF THE SYSTEM FOR ESTIMATING THE EFFICIENCY OF THE ORGANIZATION BASED ON THE SYSTEM OF BALANCED INDICATORS

Authors

 

Rahmonqulova L.Z. – Lecturer, Department of Finance and Credit, Polytechnic Institute ofTajik Technical University, Khujand, Republic of Tajikistan lola.rahmonqulova@mail.ru

 

Annotation

 

  The article describes the Balanced Scorecard methodology proposed by D. Norton and R. Kaplan in the early 1990s, and discusses in detail the stages of its formation, consisting of five periods. It is also made clear who is responsible for implementing each stage of the system within the organisation. The system is defined as the most important tool for increasing the value of a modern company and consists not only of financial indicators. That is, a system of balanced indicators, along with financial indicators, also determines and includes the individual components of each company. Finally, the current activities of the domestic company for the production of drinking and medicinal water, CJSC Euro-Asia 2005 for the implementation of a balanced scorecard, are examined.

 

Key words

 

system of balanced indicators, increasing the value of the company, a system for evaluating the effectiveness of the company, organization strategy, internal business processes

 

References

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Publication date

2023-10-26

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