Aligning the Balanced Scorecard with the Smart Village Concept: A Proposal Model

The term “Smart Village” pertains to a rural-initiated concept that enhances the quality of life and offers solutions to challenges. There are currently a number of studies outlining how this smart village was implemented successfully. We need the formula to prove that there is no discussion of the fundamental ideas or theories that support them. Disparities between rural and urban settings gave rise to the idea of the smart village. As a result, this research focuses on conceptual models to determine the strengths, weaknesses, and improvement opportunities of smart villages, combined with the Balance Scorecard Framework. As a result, the goal of this study was to present the smart village model that was discovered through a review of the relevant literature. This study builds a smart village model using a systematic meta-analysis method based on 40 articles aligned with the well-known Balanced Scorecard Approach that can serve as a guide for each village’s development toward a better future. Four dimensions were identified for the proposed smart village model: (1) governance; (2) Technology; (3) resources; and (4) people. By changing the characteristics of each region, this research should be applicable to villages in all regions.