Zeszyty Teoretyczne Rachunkowości (Dec 2016)
Balanced scorecard in the State Forest Holding „State Forests” The proposal to modify the concept focused on sustainable development
Abstract
Making decisions in a dynamic environment requires from managers to operate with modern perfor-mance measurement tools. Having a development strategy becomes insufficient. It is important to make use of operational and strategic management accounting, developing on many levels. One of its tools is balanced scorecard, developed by R. Kaplan and D. Norton. It is a method of complex, multi-faceted performance measurement in the enterprise. It is a useful tool for describing, implementation and execu-tion of the company’s strategy. In order to develop a balanced scorecard it is necessary to create a clear mission and vision and a coherent framework for organization strategy. State Forests as a specific entity also needs efficient and effective management tools. In its strategy for the years 2014–2030 State Forests included the basic principles and measures of a balanced scorecard, which, like every tool, requires contin-uous monitoring and improvement.The aim of the article is to present proposals for modification of the existing concept of State Forests’ balanced scorecard, which will improve the usefulness of the information. The issue has been discussed in the context of pro-social activities of State Forests, in the conditions of globalization and sustainable de-velopment. The main research method used in the article in addition to literature studies is qualitative re-search based on case study.
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