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Balanced Scorecard vs. Six Sigma Business Scorecard

Author

Listed:
  • Prof. Petru Balogh, PhD

    ("Dimitrie Cantemir" Christian University)

Abstract

The Balanced Scorecard has become one of the most popular and successful instrument for managing the organizations’ performance. The Six Sigma Business Scorecard combines the Six Sigma methodology with the Balanced Scorecard method for achieving financial objectives. The Six Sigma Business Scorecard utilizes strategy to maximize profitability and growth, accelerate improvement, foster leadership accountability, and encourage employee involvement. It builds on proven methodologies and offers a new method for measuring corporate performance.

Suggested Citation

  • Prof. Petru Balogh, PhD, 2010. "Balanced Scorecard vs. Six Sigma Business Scorecard," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 878-881, May.
    • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:878-881
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    More about this item

    Keywords

    performance; management; methodology;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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