Methods used for performance measurement: Comparasion of balanced scorecard and tableau de bord

Abstract

In today s conditions, business must have differences to survive in the face of strong competitors.Businesses have to do performance measurement to determine these differences. Businesses determine thetargets in accordance of their own missions and visions. Then they can reach targets by using the rightstrategies. In order to success this process, businesses must be required of improving incomplete aspects and usegoods aspects in the correct position In the past years, when businesses measure performance, they believed in that only financial measureswould be sufficient. As time passes and competition increases some shortcomings revealed by using onlyfinancial measures. In order to close these shortcomings, it has emerged that business also need non-financialmeasures as well as financial measures. In this study, methods of balanced scorecard and tableau de bord, performance methods which usesfinancial measures and non-financial measures, will be explained in the terms of the differences and similarities.In addition, the French tableau de bord and The American balanced scorecard will be stated the reasons toprefer.