Building a Complex Scorecard on the Basis of Assessment of Influence of Socio-economic Factors of Enterprise Development

• Main Author: Verbitska Tetiana V.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2014-03-01
• Series: Bìznes Inform
• Subjects: socio-economic factors; scorecard; assessment; balance; enterprise development
• Online Access: http://www.business-inform.net/pdf/2014/3_0/266_271.pdf

The goal of the article lies in building a complex scorecard used for assessment of influence of socio-economic factors of enterprise development. The article specifies such groups of socio-economic factors as factors of organisational and managerial impact; workers potential and their professional development; social protection of workers; labour protection and healthcare; and social infrastructure. Having analysed and compared concepts and approaches to assessment of enterprise activity, the article identifies that insufficient attention is paid to socio-economic indicators. That is why a scorecard is developed in the context of the said groups of factors, which gives a possibility to identify weaknesses in enterprise development and to direct measures on their elimination or minimisation on the basis of it. The proposed scorecard of assessment of socio-economic factors of enterprise development gives a possibility to, objectively and timely, monitor the socio-economic state of an enterprise, which allows maintaining the development trajectory.