Financial Perspective

Financial objectives provide a focus for the objectives and measures in the whole perspective of BSC. Each size is selected to be part of a causal relationship that culminated in an increase in financial performans. BSC should elaborate on the strategy, beginning with the long-term financial goals, and then the interrelationships of the parts of actions to be taken by the process of financial, customer, internal process, and the last employees and systems to deliver long-term economic performans expected. Although dependent on the industry life cycle, the financial perspective strategy objectives are tied to the effort: increased revenue, reduced costs or increased productivity, and utilization of corporate assets. Thus in an increasingly sharp competition, management requires a thorough cost information, which take into account carefully the source of funds (resources) are sacrificed for value-adding activities for customers. These funding sources could come from their own capital, deposits, and of society. Measurement of financial performance that considers the stages of business life cycle, namely: A. Growth stage (Growth) Early stages of the life cycle of a company where the company has products or services that have potential significant financial terbaik.Tujuan growth is the percentage of the company's overall revenue and sales growth rate 2. Survived stage (Susatain) At this stage where the company still has its appeal to investors who invest. 3. Harvesting stage (Harvest) Stage where a company is really reaping the rewards of investments made prior ditahap-stage .. Financial goal at this stage is operating cash flow and savings of the various working capital requirements.sumber : peneltian ilmiah "Analisis Kinerja Perusahaan dengan Menggunakan Metode Balanced Scorecard (BSC) pada PT. Bank Rakyat Indonesia. Tbk”