System of Balanced Scorecard and its Impelementation in Management of Norwegian Air Force and other Military Organizations

The system of Balanced Scorecard is one of the most successful modern tools of strategic management at present. Being a strategic, management and planning system, the main aim of the BSC is to help the top management of companies, firms, corporations and organizations to implement a set of strategic...

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Bibliographic Details
Main Authors: Pavel NEČAS, Radoslav IVANČÍK
Format: Article
Language:English
Published: National Institute for Aerospace Research “Elie Carafoli” - INCAS 2012-12-01
Series:INCAS Bulletin
Subjects:
Online Access:http://bulletin.incas.ro/files/ivancik_r__necas_p___v4_iss_4_full.pdf
Description
Summary:The system of Balanced Scorecard is one of the most successful modern tools of strategic management at present. Being a strategic, management and planning system, the main aim of the BSC is to help the top management of companies, firms, corporations and organizations to implement a set of strategic goals. At the same time, the BSC represents a system which actively and effectively influences the behaviour of all managers and employees, respectively. Also, it is considered to be a proven tool for delivering a better communication strategy in companies, firms, corporations and organizations. Although the BSC is used predominantly in private companies, firms, or corporations, it has also been successfully employed by public agencies and organizations, both governmental and non-governmental. In this paper the author aims to explain to readers what constitutes a successful implementation of the BSC in military organizations and to demonstrate its positive transformative impact on selected forces and the ministry of defence.Key Words:
ISSN:2066-8201
2247-4528