Balanced Scorecard and Corporate Responsibility

Balanced Scorecard and Corporate Responsibility

Discussion Question:

Q- Measuring with Metrics

Define what a metric is and share an example of a metric that exists in your everyday life, non-business related.

Now consider metrics that exist in businesses that you have worked for – what employee performance and financial conditions were they measuring and why? (If the company you worked for did not measure what do you think of that now and what should they have measured?)

Directions:

Discuss the concepts, principles, and theories from your textbook. Cite your textbooks and cite any other sources if appropriate.

Your initial post should address all components of the question with a 600-word limit.

Learning Outcomes

Demonstrate how a balanced scorecard aligns performance with organizational goals.

Evaluate how to implement a balanced scorecard in an organization.

Develop an investment plan for corporate social responsibility and sustainability.

Readings

Required:

Chapter 14 in Managerial Accounting

Rotaru, K., Fehrenbacher, D. D., Liang, M. H., & Schulz, A. K.-D. (2020). Causal inference in judgment using the balanced scorecard. Journal of Management Accounting Research, 32(2), 201–224.

Atz, U., Van Holt, T., Douglas, E., & Whelan, T. (2019). The return on sustainability investment (ROSI): Monetizing financial benefits of sustainability actions in companies. Review of Business, 39(2), 1–31.

Recommended:

Module 13 PowerPoint Presentation

Yilmaz, D. E., & Antmen, F. (2019). Project selection method based on balanced scorecard framework. Business & Economics Research Journal, 10(5), 1179–1187.