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Balanced scorecard implementation in construction industry

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2021
Conference_Proceedings_Subotica_2021_Scorecard_implementation.pdf (950.1Kb)
Authors
Koprivica, Stefan
Škondrić, Jovan
Bendić, Milica
Article (Published version)
Metadata
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Abstract
This paper presents Balanced Scorecard (BSC) as a strategy-based measurement system that could solve defining and implementing strategy. Construction companies often have a centralized organizational structure, an undetermined vision, and an emphasis on maximizing revenue. Focusing on achieving and maintaining short-term financial success can cause construction companies to underinvest in long-term value creation, specifically in the intellectual and intangible assets that provide future growth.
Keywords:
Balanced Scorecard / strategy / measurement system
Source:
8th INTERNATIONAL CONFERENCE Contemporary achievements in civil engineering, Subotica, Serbia, 2021, 569-578, 2021

DOI: 10.14415/konferencijaGFS2021.56

[ Google Scholar ]
URI
https://grafar.grf.bg.ac.rs/handle/123456789/2595
Collections
  • Radovi istraživača / Researcher's publications
  • Катедра за техничку механику и теорију конструкција
Institution/Community
GraFar
TY  - JOUR
AU  - Koprivica, Stefan
AU  - Škondrić, Jovan
AU  - Bendić, Milica
PY  - 2021
UR  - https://grafar.grf.bg.ac.rs/handle/123456789/2595
AB  - This paper presents Balanced Scorecard (BSC) as a strategy-based
measurement system that could solve defining and implementing strategy. Construction
companies often have a centralized organizational structure, an undetermined vision, and
an emphasis on maximizing revenue. Focusing on achieving and maintaining short-term
financial success can cause construction companies to underinvest in long-term value
creation, specifically in the intellectual and intangible assets that provide future growth.
T2  - 8th INTERNATIONAL CONFERENCE Contemporary achievements in civil engineering, Subotica, Serbia, 2021, 569-578
T1  - Balanced scorecard implementation in construction industry
DO  - 10.14415/konferencijaGFS2021.56
ER  - 
@article{
author = "Koprivica, Stefan and Škondrić, Jovan and Bendić, Milica",
year = "2021",
abstract = "This paper presents Balanced Scorecard (BSC) as a strategy-based
measurement system that could solve defining and implementing strategy. Construction
companies often have a centralized organizational structure, an undetermined vision, and
an emphasis on maximizing revenue. Focusing on achieving and maintaining short-term
financial success can cause construction companies to underinvest in long-term value
creation, specifically in the intellectual and intangible assets that provide future growth.",
journal = "8th INTERNATIONAL CONFERENCE Contemporary achievements in civil engineering, Subotica, Serbia, 2021, 569-578",
title = "Balanced scorecard implementation in construction industry",
doi = "10.14415/konferencijaGFS2021.56"
}
Koprivica, S., Škondrić, J.,& Bendić, M.. (2021). Balanced scorecard implementation in construction industry. in 8th INTERNATIONAL CONFERENCE Contemporary achievements in civil engineering, Subotica, Serbia, 2021, 569-578.
https://doi.org/10.14415/konferencijaGFS2021.56
Koprivica S, Škondrić J, Bendić M. Balanced scorecard implementation in construction industry. in 8th INTERNATIONAL CONFERENCE Contemporary achievements in civil engineering, Subotica, Serbia, 2021, 569-578. 2021;.
doi:10.14415/konferencijaGFS2021.56 .
Koprivica, Stefan, Škondrić, Jovan, Bendić, Milica, "Balanced scorecard implementation in construction industry" in 8th INTERNATIONAL CONFERENCE Contemporary achievements in civil engineering, Subotica, Serbia, 2021, 569-578 (2021),
https://doi.org/10.14415/konferencijaGFS2021.56 . .

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