Balanced Scorecard and Target Costing

Balanced Scorecard
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Cristina Gabbiadini
Student (University), Italy

Balanced Scorecard and Target Costing

How can the BSC help adopting a target costing cost planning tool?

  Jorge Hernandez
Strategy Consultant, Mexico
 

Answer

By using proper KPI´s associated to effective cost reduction, from operational to financial formulas, it is very important to have realistic targets.

  Baran samandi
Manager, Iran
 

BSC and Cost Management

Some cost features are influenced indirectly by unexpected factors in learning & growth and internal process perspective activities, through a few cause and effect relationships which in other cost managment systems have not yet been recognized.

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