Abstract
PURPOSES : This paper aims at the implementation of balanced scorecard that can be widely applied to modern business management for use in the public road management sector. METHODS : This study applied the newly developed LOS-based balanced scorecard system instead of traditional Key Performance Index (KPI) for better decision making in asset management planning. As an evaluation technique, a hierarchical alignment and cascading method is also suggested. Finally, the suggested system has been empirically applied to regional government. RESULTS : To provide stable and sustainable road services, the balanced scorecard informs the regional government of needed improvements in its asset management plans regarding budget optimization, structural management, the development of inner-business processes, and human resources. CONCLUSIONS : An LOS-based balanced scorecard for managing road services and organizations in quantitative manner has been successfully developed and tested through field study. The developed scorecard is timely topic and useful analytical tool for coping with the new phases of an aging infrastructure, tighter budgets, and demand for greater public accountability.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
