MOBILE MONEY FAILURE - CAN THE BALANCED SCORECARD BE OF ANY HELP?Download This Article
Emmanuel Mutambara, Last Mazambani
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Mobile money has the potential to attract the unbanked and capture money outside the financial system yet failed implementations are of gravy concern. The balanced scorecard is extoled for successfully in turning around the performance of ailing firms and industries. The research undertakes to review literature on the causes of failure in mobile money. In the context of those causes of failure, the paper proposes and explains how the adoption of the balanced scorecard by mobile money innovators can lever their performance and ultimately survival. By demonstrating how the balanced scorecard can align strategy to mission in mobile money deployments, the study contributes towards improved strategy execution in the sector. It also sets a research agenda.
Keywords: Balanced Scorecard, Financial Inclusion, Mobile Money, Strategy Execution, Unbanked, Low-Income Communities
Date received: 27 February 2016
Date accepted: 12 October 2016
How to cite this paper: Mazambani, L., & Mutambara, E. (2017). Mobile money failure - Can the balanced scorecard be of any help? Risk governance & control: Financial markets & institutions, 7(1), 41-45. http://dx.doi.org/10.22495/rgcv7i1art5