Third International Conference on Information Technology and Applications (ICITA'05) Volume 2
Adaptation of the Balanced Scorecard Model to the IT Functions
Sydney, Australia
July 04-July 07
ISBN: 0-7695-2316-1
The essence of keeping score about everything cannot be overemphasized. A performance measurement system may provide an early warning detection system indicating what has happened; diagnose reason for the current situation; and indicate what remedial action should be taken. Businesses rely on performance measurement systems to provide a feedback on the health of the business. The balanced scorecard (BSC) framework suggests the use of non-financial performance measures via three additional perspectives, i.e. Customer, Internal Business Process, Learning and innovation to supplement traditional financial measures, believing that if used in that way, the scorecard addresses a serious deficiency in traditional management systems: their inability to link a company?s long term strategy with its short term actions. This paper will highlight the issues and combination of factors that will influence the adaptation of the balanced scorecard model to the IT function and will draw attention to cases of organisations that have attempted to implement the balanced scorecard to their IT departments, highlighting their challenges and rewards.
Citation:
Hamid Jahankhani, Justus I. Ekeigwe, "Adaptation of the Balanced Scorecard Model to the IT Functions," icita, vol. 2, pp.784-787, Third International Conference on Information Technology and Applications (ICITA'05) Volume 2, 2005