Publication Details

Extended BSC Model (eBSC) Based on Complex Analysis of Business Environment

KVĚTOŇOVÁ Šárka and TELMOUDI Aymen. Extended BSC Model (eBSC) Based on Complex Analysis of Business Environment. Conference of the International Journal of Arts and Sciences, vol. 2011, no. 6, pp. 1-4. ISSN 1943-6114.
Czech title
Rozšířený BSC model (eBSC) založený na komplexní analýze business prostředí
Type
journal article
Language
english
Authors
Květoňová Šárka, Ing., Ph.D. (DIFS FIT BUT)
Telmoudi Aymen (ESMT)
Keywords

BSC (Balanced Scorecard), economy, financial analysis

Abstract

The main goal of the paper and the advantage of our approach is complex look on business through "online" monitoring and evaluation all important data sources (models, tools or even documentation in a predefined data format, e.g. XML or CSV) followed by import data into final eBSC model.

Annotation

This paper presents the new extended Balanced Scorecard model (eBSC) for a complex performance analysis and management (firm´s health). In general, BSC is a performance measurement system that maps an organization´s strategic objectives into performance metrics working from four perspectives: financial, internal processes, customers, and learning and growth. The model that we propose in this paper tries to improve the traditional model / approach (BSC) and it represents "ideal solution" for strategic planning and management process. The typical approach is based only on "offline" analysis input data (concrete data must be fill-in by a non-automated way, or mostly by this way because of nonexistent any universal  tool for data transfer from different resources) without any "online" interconnection with another systems or tools that a firm use (automated import/export data from/into another systems and tools). Typically, we use variety of accounting systems for asset, wages, personal administration, invoicing and stock holding, systems for financial and marketing analysis - competition analysis in order to comparison with our business and actual position etc.

Published
2011
Pages
1-4
Journal
Conference of the International Journal of Arts and Sciences, vol. 2011, no. 6, ISSN 1943-6114
Book
Conference of the International Journal of Arts and Sciences
Publisher
International Journal of Arts & Sciences
Place
Boston, US
BibTeX
@ARTICLE{FITPUB9859,
   author = "\v{S}\'{a}rka Kv\v{e}to\v{n}ov\'{a} and Aymen Telmoudi",
   title = "Extended BSC Model (eBSC) Based on Complex Analysis of Business Environment",
   pages = "1--4",
   booktitle = "Conference of the International Journal of Arts and Sciences",
   journal = "Conference of the International Journal of Arts and Sciences",
   volume = 2011,
   number = 6,
   year = 2011,
   location = "Boston, US",
   publisher = "International Journal of Arts \& Sciences",
   ISSN = "1943-6114",
   language = "english",
   url = "https://www.fit.vut.cz/research/publication/9859"
}
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