Description:
We cover and illustrate 4 key scorecards in this strategic tool
- Financial
- Learning & Innovation
- Internal Business Perspective
- Customer Perspective
A balanced scorecard is a strategy performance management tool - a well-structured report, that can be used by managers to keep track of the execution of activities by the staff within their control and to monitor the consequences arising from these actions.
The phrase 'balanced scorecard' primarily refers to a performance management report used by a management team, and typically this team is focused on managing the implementation of a strategy or operational activities
Key benefits
- its focus on the strategic agenda of the organization/coalition concerned.
- a focused set of measurements to monitor performance against objectives.
- a mix of financial and non-financial data items (originally divided into four "perspectives" - Financial, Customer, Internal Process, and Learning & Growth); and,
- a portfolio of initiatives designed to impact performance of the measures/objectives.
- Ready to use formats and classifications
- Save 6 hours on formatting, fixing, and alignment /sandboxing time
- Saves many hours of understanding what is needed, use our well-rounded expertise and experience