The Balanced Scorecard (BSC), originated by Robert Kaplan and David Norton, is the world's most popular tool for performance management. However, the Balanced Scorecard is weakly integrated with the concept and tools of Business Model Innovation. The above presentation features, on one page, the Business Model Yacht (for documenting a business model) and Balanced Scorecard (for managing the performance of a business model). One benefit is more effective performance management for greater business profitability.
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