THE BALANCED SCORECARD FOR UNIVERSITY DIVISIONS AS A TOOL FOR SUCCESSFUL DEVELOPMENT STRATEGY
Today institutions of higher learning in Russia are a vivid type of training companies, the most advanced of which make extensive use of modern management tools, such as strategy map, balanced scorecards, and key performance indicators which help to identify the goals and objectives specific to every employee, department, or university as a whole. The experience in the development of balanced scorecards in Astrakhan State University is notable for the fact that the requirements of the Global Initiative CDIO were taken into account.