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This presentation takes you through the theory and setting up a Balanced Scorecard for your organisation. This presentation also discusses the linkages between the Balanced Scorecard and the value chain (Optimise-GB, creating operational efficiencies)
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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. Balances financial and non-financial measures Balances short and long-term measures Balances performance drivers (leading indicators) with outcome measures (lagging indicators) Leads to strategic focus and organizational alignment.
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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. Balances financial and non-financial measures Balances short and long-term measures Balances performance drivers (leading indicators) with outcome measures (lagging indicators) Leads to strategic focus and organizational alignment.
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Balance Scorecard by Robert S. Kaplan and David P. Norton. References: "Transforming the balanced scorecard from performance measurement to strategic management: Part 1"
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Balanced score card is most talked topic in HR community. Everyone wants a tool to implement it but most of the ERP product are not able to address this query. Using Share Point you can easily implement BSC in your organization
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