EVALUATING THE EFFECTIVENESS OF BALANCED SCORECARDS IN ACHIEVING COST LEADERSHIP STRATEGIES
Keywords:
Balanced Scorecard, Cost Leadership, Strategic Management, Operational Efficiency, Performance MeasurementAbstract
This study examines the role of the Balanced Scorecard (BSC) in enabling organizations to implement and sustain cost leadership strategies. By integrating financial and non-financial metrics across its four perspectives—Financial, Customer, Internal Processes, and Learning & Growth—the BSC provides a comprehensive framework for aligning operations with cost leadership objectives. The research analyzes case studies, interviews, and quantitative data to evaluate how organizations leverage the BSC to optimize costs, improve efficiency, and maintain competitive advantage. Findings indicate that the BSC enhances decision-making, operational transparency, and strategic alignment, making it a valuable tool for achieving cost leadership in dynamic business environments.
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