Development and application experience of Balanced Scorecard for holding distribution activity
Economics and management
Moscow Aviation Institute (National Research University), 4, Volokolamskoe shosse, Moscow, А-80, GSP-3, 125993, Russia
AbstractWide spreading of holding type enterprises results in necessity of working out improved management instruments for definite sectors of economy and kinds of activity. The article describes development and application experience holding distribution monitoring system based on Balanced Scorecard methodology. The system intends for Russian holding enterprises with high work share in cost price (high technology productions, medical industry, commerce, service). Use of described system has motivated associated companies to target achievement, has put in order intracorporate relations and payment discipline, has helped to achieve considerable improvement of main productivity indexes.