Acta Mechanica Slovaca 2017, 21(4):22-26 | DOI: 10.21496/ams.2017.032

Success and Performance Measures of Industrial Companies Based on Balanced Scorecard

Jaroslava Kádárová1,*, Michaela Kočišová2
1 Technical University of Košice, Faculty of Mechanical Engineering, Institute of Industrial Engineering and Management, Slovakia
2 Technical University of Košice, Faculty of Mechanical Engineering, Slovakia

Companies exist or are created mainly because of the achievement of one or more strategic goals. To ensure continued success, they should monitor its performance with respect to them. In practice the performance of a company is often evaluated by estimating its performance indicators. This paper discusses the company's performance management cycle and production performance evaluation system, which is based on the internal processes of an industrial company.

Keywords: performance measures; industrial companies; Balanced Scorecard

Published: October 31, 2017  Show citation

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Kádárová, J., & Kočišová, M. (2017). Success and Performance Measures of Industrial Companies Based on Balanced Scorecard. Acta Mechanica Slovaca, 21(4), 22-26. doi: 10.21496/ams.2017.032
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