EVALUAREA ASSESSMENT USING ECONOMIC PERFORMANCE BALANCE OF SCORES
Abstract
The notion of “scorecard” brings as an innovation besides the quantification of the performances viewed in financial terms, also the evolution of the efforts made by a company in order to obtain future performances by making use of the internal procedures and of the relations established with the clients and the suppliers. The key-element of this method’s philosophy is that the employees of the organization have to focus on those elements that can be quantified because this reveals the affective implication of the employees and not only the result of some financial rewards. The implementation of this system offers to all managers the possibility to quantify the ways through which their business creates benefits for present and future clients. This also shows them how they can crate and obtain an internal infrastructure, investments into people, and also the necessary procedures in order to improve further performance.The papers published in the journal are licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License, which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.
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