The main advantages and disadvantages of the balanced scorecard system

At the present stage of development, the ultimate goal of all types of enterprise activities is to improve the basic financial and economic indicators and the efficiency of its functioning. Strategic planning is an actual tool for achieving these goals. In this article, we will consider the concept of a balanced scorecard system, which is gaining popularity in the Russian business environment. This approach is hailed as a breakthrough in management, one of the most advanced evaluation systems of the company's performance, an important tool that allows you to realize the strategic goals of the organization. Our study describes the main advantages and disadvantages of this technique.