Management Model Of Balanced Scorecard For Improving The Efficiency Of Cluster-Forming Enterprises

Abstract

The article examines the problem of certain identification and systematization of the production cluster’s life cycle parameters. Based on the established criterion, a system of positive and negative factors is identified within balanced scorecard strategic projections. To provide metrological support and improve the efficiency of cluster-forming enterprises, a correlation analysis of the economic potential of the production cluster (resulting indicator) and the key leading life cycle factors influencing it is carried out when elaborating the integration model of balanced scorecard parameters. The additive model of the financial and economic potential of the production cluster is elaborated using deterministic factor analysis. A comprehensive generalized assessment of the economic potential development of cluster-forming enterprises and the production cluster is formulated. The integration model of balanced scorecard parameters for evaluation and management of the economic potential efficiency of cluster-forming enterprises is proposed taking into account the key leading factors and vectors of sustainable cluster development.

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Publisher

European Publisher

First Online

25.09.2021

Doi

10.15405/epsbs.2021.09.02.96

Online ISSN

2357-1330