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Using the Balanced Scorecard as a Strategic Management

www.jackson.com.np

Using the Balanced Scorecard as a Strategic Management System harvard business review • january–february 1996 page 3 helps managers build a consensus around the organization’s vision and strategy. Despite the best intentions of those at the top, lofty state-ments about becoming “best in class,” “the

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Using the Balanced Scorecard as a Strategic Management

jackson.com.np

Managers using the balanced scorecard do not have to rely on short-term financial mea-sures as the sole indicators of the company’s performance. The scorecard lets them intro-duce four new management processes that, separately and in combination, contribute to linking long-term strategic objectives with short-term actions. (See the chart ...

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Balanced Scorecard - Chartered Institute of Management ...

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Using the Balanced Scorecard as a strategic management system. Harvard Business Review, January/February 1996, Volume 74, Issue 1, p. 75 . Kaplan, R.S. and Norton, D.P. Transforming the Balanced Scorecard from performance measurement to strategic management: Part I. …

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