IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2015v5p170-184.html
   My bibliography  Save this article

An Effective Model for Efficiency Evaluation of Strategic Project Based on BSC Model

Author

Listed:
  • Virgil ROTARU

    (Universitatea de Vest, Facultatea pentru Economie si Administrarea Afacerilor, Timisoara, Romania)

Abstract

When analyzing a strategic development project implemented by universities both the system created, as a temporary organization having the participant organizations as distinctive actors and the universities have to be seen as learning organizations. As a consequence, the evaluation of such projects should always be more complex since there are intangible results and outcomes to be considered and an appropriate method for analyze is a must. Such a complex method, initially introduced by Caplan and Norton (1992) as balanced scorecard (BSC) was later on developed based on frequently addressed critics. Nevertheless, more than 40% of the biggest 500 companies in the world, use BSC as an evaluation method for their strategic performance and almost all of strategic development projects analysis includes financial and non-financial perspectives as those of BSC. Although a lot of improvements have been done already, there are still very few steps done in the direction of connection BSC with the social networking analysis. This study reflects our actual research aiming to design a more effectiv system for strategic analysis, that to integrate social network analysis and a system dynamics BSC in a more complex analysis method for efficiency evaluation of the strategic project.

Suggested Citation

  • Virgil ROTARU, 2015. "An Effective Model for Efficiency Evaluation of Strategic Project Based on BSC Model," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 170-184, October.
    • Handle: RePEc:cbu:jrnlec:y:2015:v:5:p:170-184
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2015-05/26_Rotaru.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2015:v:5:p:170-184. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.