Modeling the activities of a mining company (OAO Olenegorsk Mining and Processing Division) based on a balanced scorecard system
- Postgraduate student G.V. Plekhanov Saint Petersburg State Mining Institute
Abstract
The work is devoted to the study of patterns of activity of a mining enterprise on the basis of the Balanced Scorecard (balanced scorecard system). The developed system of indicators on six potentials, characterizing various directions of activity of the enterprise, includes an indicator of economic value added - Economic Value Added. The relevance of the introduction of non-financial indicators in assessing the effectiveness of the company to achieve its strategic objectives. In order to predict the financial performance of the mining company calculated indicators of elasticity (leverage). The relationship between the indicators is quantified, indicating the possibility of influencing the change in the indicators in the right direction.