Businesses establish a balanced scorecard to align all their company activities. This type of performance management framework adds non-financial measures to traditional financial metrics and gives ...
To ensure long-term flexibility and survival, an organization needs to prepare for the future. The balanced scorecard managing system "maps an organization's strategic objectives into performance ...
If you’re looking for a good strategic management framework, you’ve most likely come across the Balanced Scorecard (BSC). It was created by Drs. Robert S. Kaplan and David P. Norton in 1992—over 20 ...