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The Balanced Scorecard translates a company's vision and strategy into a coherent set of performance measures. The four perspectives of the scorecard--financial measures, customer knowledge, internal business processes, and learning and growth--offer a balance between short-term and long-term objectives, between outcomes desired and performance drivers of those outcomes, and between hard objective measures and softer, more subjective measures. In the first part, Kaplan and Norton provide the theoretical foundations for the Balanced Scorecard; in the second part, they describe the steps organizations must take to build their own Scorecards; and, finally, they discuss how the Balanced Scorecard can be used as a driver of change. The Balanced Scorecard: Translating Strategy into Action The Balanced Scorecard: Translating Strategy into Action and over one million other books are available for Amazon Kindle Learn more What is balanced scorecard ? - Definition from WhatIscom The balanced scorecard is a management system aimed at translating an organization's strategic goals into a set of performance objectives that in turn are measured Conceptual Foundations of the Balanced Scorecard 31710 4 Balanced Scorecard for Performance Measurement Figure 1 shows the original structure for the Balanced Scorecard (BSC) The BSC retains financial metrics as the Using the Balanced Scorecard as a Strategic Management System Executive Summary Reprint: R0707M The balanced scorecard revolutionized conventional thinking about performance metrics When Kaplan and Norton first introduced the Balanced Scorecard - strategy organization levels The balanced scorecard is a performance measurement tool developed in 1992 by Harvard Business School professor Robert S Kaplan and management consultant David P Business Strategy: Kaplan & Norton's Balanced Scorecard The Balanced Scorecard approach encourages businesses to analyse and report performance based on four key perspectives - financial customers internal Balanced Scorecard - ASQ The balanced scorecard (BSC) is a strategic management tool that views the organization from different perspectives usually the following: Financial: The perspective : Alignment: Using the Balanced Scorecard to : Alignment: Using the Balanced Scorecard to Create Corporate Synergies (9781591396901): Robert S Kaplan David P Norton: Books Balanced Scorecard - QuickMBA Balanced Scorecard as a Strategic Management System The Balanced Scorecard originally was conceived as an improved performance measurement system Balanced scorecard - 4 perspectives of the Balanced The Balanced Scorecard concept is a management and measurement system which enables organizations to clarify their vision and strategy and translate them into action
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