Description
The Balanced Scorecard is a management tool that provides stakeholders with a comprehensive measure of how the organization is progressing towards the achievement of its strategic goals.
The Balanced Scorecard:
- Balances financial and non-financial measures
- Balances short and long-term measures
- Balances performance drivers (leading indicators) with outcome measures (lagging indicators)
- Should contain just enough data to give a complete picture of organizational performance and no more!
- Leads to strategic focus and organizational alignment
The below objectives are included in our Latest PowerPoint Presentation:-
- Explain What is the Balanced Scorecard
- Describe the Three Generations of Balanced Scorecards
- Explain the Importance of Balanced Scorecard
- Describe the Various Perspectives of Balanced Scorecard
- Describe the Various Parameters of Balanced Scorecard
- Explain What is Performance Management
- Explain the Steps in Building a Balanced Scorecard
- Describe the Balanced Scorecard System Elements
- Explain the Steps for Implementation of BSC
- Explain What is the BSC Designer
- List the Tips for Implementing Balanced Card
- List the Pitfalls of Balanced Scorecard
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