International Journal of Economics and Management Sciences
Vol. 3 No. 3 (2026): Agustus: International Journal of Economics and Management Sciences

Implementation of Balanced Scorecard as A Performance Evaluation: Case Study at CV. Pelita Aluminium Surabaya

Amelya Nur Khoida (University of 45 Surabaya)
Tjandra Wasesa (University of 45 Surabaya)
Diana Zuhro (University of 45 Surabaya)
Sutini Sutini (University of 45 Surabaya)
Achmad Daengs GS (University of 45 Surabaya)



Article Info

Publish Date
31 Aug 2026

Abstract

In facing an increasingly competitive business environment, accurate and comprehensive work measurement and information methods are needed. Companies must realize that not only financial capabilities must be considered but also non-financial capabilities such as the needs of consumers and employees. Many companies currently still use traditional performance systems, namely assessing performance based on financial alone, so they pay less attention to non-financial ones. In this case, the method that can be used is the Balanced Approach. Scorecard. The purpose of using the Balanced Scorecard method Scorecard to measure financial and non-financial performance. With Balanced Scorecard The company's vision, mission and strategy scorecard is translated into targets and benchmarks through four perspectives, namely the financial perspective, customer perspective, internal business process perspective, and learning and growth perspective which will support success. company. Determining and implementing the right strategy towards its targets makes it easier for companies to survive in increasingly tight competition. Three principles that make it possible to link Balanced The scorecard with business unit strategy, namely the existence of cause-and-effect relationships, performance drivers, and relationships with finance to achieve maximum results. Implementation of Balanced Scorecard Scorecard requires cooperation and commitment between employees and management.

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Journal Info

Abbrev

IJEMS

Publisher

Subject

Decision Sciences, Operations Research & Management Social Sciences

Description

Topics in this journal relate to any aspect of management, but are not limited to the following topics: Human Resource Management, Financial Management, Marketing Management, Public Sector Management, Operational Management, Supply Chain Management, Corporate Governance, Business Ethics, Management ...