Development of a balanced scorecard for organizations of mineral-raw complex (MSK)

The article focuses on the topical issue related to the development and implementation of the development strategy of the organization, namely: the development of balanced system of indicators to track the effectiveness of the implementation of the developed strategy. This system is quite versatile and can be used in various industries, but, nevertheless, each industry has its specifics. The paper presents such peculiar features of the development of a balanced scorecard for the mineral resources sector, such as the payback period of exploration, multicriteria challenges faced by the industry, lack of qualified staff, etc. As an outcome of the study presents a methodology for the development of MTSP, taking into account the peculiarities of the industry in which a special place is the importance of a clear and unambiguous formulation of the development strategy of the enterprise, as a basis for developing measures and indicators within the implementation of the chosen strategy. In the formulation of development strategies, it is important to thoroughly explore its four main components, described in this article, as insufficient attention to at least one of them can lead to failure in the implementation of development strategies and, as a consequence, the multi-million losses of the investment.