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Economic Analysis: Theory and Practice
 

Balanced Scorecard and application strategical study in the strategic management of innovation activity

Vol. 13, Iss. 16, APRIL 2014

Available online: 27 April 2014

Subject Heading: INNOVATION AND INVESTMENT

JEL Classification: 

Pages: 29-39

Krylov S.I. Ural Federal University named after the First President of Russia B.N. Yeltsin, Yekaterinburg, Sverdlovsk Oblast, Russian Federation
19016708@rambler.ru

The article deals with the theoretical and methodological aspects of the Balanced Scorecard usage and the aspects of the application strategical analysis derived of it in the innovation activities strategic management of an organization. The basis of the methodology in the research paper is the R. Kaplan and D. Norton's Balanced Scorecard concept, and the conceptual foundations of the application strategical analysis developed by the author previously. The author concludes that introducing the Balanced Scorecard and application strategical analysis will increase the efficiency of the innovation activities strategic management of an organization in the present-day conditions.

Keywords: innovation activity, management, balanced scorecard, application strategical analysis

References:

  1. Vnedrenie sbalansirovannoi sistemy pokazatelei [Introduction of the Balanced Scorecard]. Moscow, Al'pina Biznes Buks Publ., 2006, 478 p.
  2. Kaplan R.S., Norton D.P. Sbalansirovannaia sistema pokazatelei. Ot strategii k deistviiu [The Balanced Scorecard: Translating Strategy into Action]. Moscow, Olimp-Biznes Publ., 2006, 320 p.
  3. Kaplan R.S., Norton D.P. Strategicheskoe edinstvo: sozdanie sinergii organizatsii s pomoshch'iu sbalansirovannoi sistemy pokazatelei [Alignment: Using the Balanced Scorecard to Create Corporate Synergies]. Moscow, Vil'iams Publ., 2006, 384 p.
  4. Krylov S.I. Analiz v sbalansirovannoi sisteme pokazatelei: teoretiko-metodologicheskie osnovy [Analysis in the Balanced Scorecard: Principles of Theory and Methodology]. Saarbrücken, LAP LAMBERT Academic Publishing GmbH & Co. KG Publ., 2011, 169 p.
  5. Krylov S.I. Analiz v sbalansirovannoi sisteme pokazatelei: teoreticheskii aspekt [Analysis in the Balanced Scorecard: a theoretical aspect]. Ekonomicheskii analiz: teoriia i praktika – Economic analysis: theory and practice, 2010, no. 29, pp. 2–10.
  6. Krylov S.I. Razvitie metodologii analiza v sbalansirovannoi sisteme pokazatelei [Development of the analysis methodology in the Balanced Scorecard]. Moscow, Finansy i statistika Publ., 2010, 152 p.

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