IMPROVING THE PERFORMANCE OF THE BALANCED SCORECARD THROUGH IMPLEMENTING ISO 31000 RISK ASSESSMENT AT SHOFA PHARMACY

Keywords: Risk management, ISO 31000, Balanced Scorecard, Supply Chain

Abstract

This study aims to integrate the Balanced Scorecard and Risk Management at Shofa Pharmacy and its one branch. The risk assessment is based on the ISO 31000 framework model and the Balanced Scorecard is based on a financial perspective, a customer perspective, an internal business perspective and a learning and growth perspective. The results of risk identification show that the risks, faced by Shofa Pharmacy, are financial risk, operational risk, technology risk, business ethics risk, health and safety risk, economic risk, legal risk, political risk, market risk, and project risk. Based on the results of the analysis, the highest risk is a technology risk with the risk group in information technology protection, economic risk with the fall in a demand risk group, political risk with an inflation risk group and project risk with an evaluation risk group, then risk management is carried out to reduce the risk level.

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Published
2021-02-03
How to Cite
Nugroho, R. L., & Pangeran, P. (2021). IMPROVING THE PERFORMANCE OF THE BALANCED SCORECARD THROUGH IMPLEMENTING ISO 31000 RISK ASSESSMENT AT SHOFA PHARMACY. EUREKA: Social and Humanities, (1), 23-36. https://doi.org/10.21303/2504-5571.2021.001635
Section
Business, Management and Accounting