Research On Enterprise Strategic Risk Early Warning System Based On Balanced Scorecard

One of the success key of modern enterprises is the company’s strategy. Enterprise strategic management faces an important question is, whether the strategic risk can be effectively controlled, namely the strategic risk early warning. Relevant theories and methods of traditional strategic risk warning or will focus on the financial aspects of the enterprise reflects on, because of its speed of response lag, already unable to meet the needs of modern enterprise strategy for risk control. To compensate for the lack of business conditions in the new strategic risk warning, the establishment of new strategic risk early warning system has become urgent business needs.In this paper, corporate strategic risk early warning system for exploration, and the idea of using the balanced scorecard to build early warning system for corporate strategic risk. Balanced Scorecard includes four levels of balance, just may very well be a business strategy layers of decomposition, the broad strategy for large companies to become specific and target-oriented. Therefore, this paper mainly through the early-warning system to build a basic framework to determine the strategic risk early warning model with the Balanced Scorecard as the main method for determining the financial, customer, internal and learning and growth operations and the integration of the four dimensions of the Balanced Scorecard strategy warning of the risks of the process which, according to its four dimensions select the appropriate early warning indicators, and then be monitored. Through the implementation of the Balanced Scorecard framework has early warning management, energy and strategic linkage. Assist management in all areas of strategic importance to do a full range of risk warning.The thought of the balanced scorecard are applied, the implementation of modern enterprise’s strategic risk early warning is of great significance, it is the change of internal and external environment and birth. Believe that through the BSC thought to establish a set of related financial indicators and non-financial indicators of the system, and can be integrated to the strategy of an enterprise risk assessment and effective early warning.