Balanced Scorecard (BSC) provides management with necessary instruments for succeeding in business. Those who support this concept emphasize that it is very important for the company to observe different indicators through four perspectives: innovation and growth, financial, cus...
A balanced scorecard (BSC) is a visual tool used to measure the effectiveness of an activity against the strategic plans of a company. Balanced scorecards are often used during strategic planning to make sure the company's efforts are aligned with overall strategy and vision. ...
Ensure companywide acceptance of the measures Create appropriate budgeting, tracking, communication, and reward systems Collect and analyze performance data and compare actual results with desired performance Act to close unfavorable gaps What Are the Common Uses of a Balanced Scorecard?
Using the management technique "Balanced Scorecard" in a company means to deal with several objectives that are only qualitative or partially quantitative. Theses objectives have to be sorted into a framework, the so-called perspectives. Kaplan/Norton say that the objectives of the perspectives are ...
平衡记分卡，运用多种指标评估绩效的方法，其中包括财务指标以及客户、内部业务流程和学习与成长等方面的非财务指标。马上就要2015年下半年CMA资格考试了，在这里祝大家好好考试，每个人都超常发挥，取得好成绩！希望我的回答能帮助您解决问题，如您满意，请采纳为最佳答案哟。再次感谢您的提问，更多财会问题...
It also enables managers to balance the concerns of various stakeholders in order to improve the company's overall performance. "The balanced scorecard is a powerful concept based on a simple principle: managers need a balanced set of performance indicators to run an organization well," Paul Mc...
The Balanced Scorecard model offers a way for a corporation to gain a wider perspective on its strategic decisions by considering the impact on finances, customers, internal processes and employee learning. The analysis takes into account financial and
作者: A Qamar 摘要: Balanced Scorecard was introduced in the year 1992 by Robert Kaplan and David Norton. Previously emphasis was laid on the financial perspective. But with the introduction of balanced scorecard, non-financial measures were also given due importance. In addition to balanced ...
Why use the balanced scorecard? Kaplan and Norton cited two main advantages to the four-pronged balanced scorecard approach. First, the scorecard brings together disparate elements of a company's competitive agenda in a single report. Second, by having all important operational metrics together, mana...
A balanced scorecard is most useful when: - The company has clear strategic objectives that need to be communicated and monitored. - There is a need to align various departments and functions with overarching strategic goals. - Measuring performance across multiple dimensions (financial, customer, in...