Transcription of What is a Balanced Scorecard?
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What is a Balanced Scorecard?
What is a Balanced scorecard ? 1 ! + # TABLE OF CONTENTS THE Balanced scorecard .. 2 The Four Perspectives .. 3 Strategic Objectives .. 5 Key Performance Indicators (KPIs) .. 7 Balanced scorecard Development .. 8 Key Features .. 10 THE KEY 13 APPENDIX 1 STRATEGY MAP .. 15 APPENDIX 2 scorecard .. 16 What is a Balanced scorecard ? 2 ! + # THE Balanced scorecard The Balanced scorecard is a framework to implement and manage strategy by linking a vision and mission to strategic priorities, objectives, measures, and initiatives. The Balanced scorecard provides a view of an organisation s overall performance. It integrates financial measures with other objectives and key performance indicators related to customers, internal business processes, and organisational capacity. It was originally published by Dr Robert Kaplan and Dr David Norton as a paper1 in 1992 and then formally as a book The Balanced scorecard in 1996.
The Balanced Scorecard is a framework to implement and manage strategy by linking a vision and mission to strategic priorities, objectives, measures, and initiatives. The Balanced Scorecard provides a view of an organisation’s overall performance. It integrates financial measures with other objectives
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