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Holistic Approach for Balanced Scorecard as Managerial Decision Making Tool

Holistic Approach for Balanced Scorecard as Managerial Decision Making Tool

Neeta Baporikar
Copyright: © 2016 |Volume: 5 |Issue: 1 |Pages: 12
ISSN: 2160-9772|EISSN: 2160-9799|EISBN13: 9781466693586|DOI: 10.4018/IJSDA.2016010103
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MLA

Baporikar, Neeta. "Holistic Approach for Balanced Scorecard as Managerial Decision Making Tool." IJSDA vol.5, no.1 2016: pp.31-42. http://doi.org/10.4018/IJSDA.2016010103

APA

Baporikar, N. (2016). Holistic Approach for Balanced Scorecard as Managerial Decision Making Tool. International Journal of System Dynamics Applications (IJSDA), 5(1), 31-42. http://doi.org/10.4018/IJSDA.2016010103

Chicago

Baporikar, Neeta. "Holistic Approach for Balanced Scorecard as Managerial Decision Making Tool," International Journal of System Dynamics Applications (IJSDA) 5, no.1: 31-42. http://doi.org/10.4018/IJSDA.2016010103

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Abstract

Recent times have seen the supply side of management knowledge be it consultants, management gurus, business schools and popular press invent and diffuse countless managerial tools at a rapid-fire rate. One such tool is the Balanced Scorecard (BSC) that has been glorified and hyped as a great innovation of nineties. Through exhaustive literature and grounded theory approach, this paper examines some theoretical and methodological issues of BSC to develop a holistic perspective when adopting BSC as a managerial tool. The main purpose hereto is not to question BSC but rather to create a more holistic and down to earth picture of the tool in the minds of actual and potential users especially when adopting it as managerial tool in dynamic decision making. In the process some of the debatable aspects of BSC, contrary to the mainstream BSC literature which enthusiastically consecrates the tool stand visible.

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