Graduation Year
2015
Date of Submission
4-2015
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics-Accounting
Reader 1
Marc Massoud
Terms of Use & License Information
Rights Information
© 2015 Karan Malik
Abstract
This paper looks at Robert Kaplan and David Norton’s framework of the Balanced Scorecard (BSC) and strategy maps and their application to measuring performance at the level of the marketing business unit. It will begin by looking at the model itself and how it has evolved from solely being a performance measurement system to a strategic management system.
It then applies this framework to the marketing function, which according to Peter Drucker, is one of the two main functions of business; the other being innovation. It also looks at the shortcomings of the traditional measurement systems for marketing – mostly financial measures as well as some newer methods such as marketing performance dashboards. It will also then address some of the shortcomings of the balanced scorecard framework when being applied to corporations.
Recommended Citation
Malik, Karan, "The Balanced Scorecard and its Application to the Marketing Function" (2015). CMC Senior Theses. 1091.
https://scholarship.claremont.edu/cmc_theses/1091
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
