Balanced Scorecard And Performance Management
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Using the Balanced Scorecard as a Strategic Management …
jackson.com.npManagers 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 ...
The Balanced Scorecard – Measures that Drive Performance
www.steinbeis-bi.deThe Balanced Scorecard—Measures that Drive Performance Robert S. Kaplan and David P. Norton What you measure is what you get. Senior execu- other. They realize that no single measure can pro-tives understand that their organization’s measure- vide a clear performance target or focus attention on
The BALANCED SCORECARD
digitalarchives.wa.govThe Balanced Scorecard Focuses on Factors that Create Long-Term Value • Traditional financial reports look backward – Reflect only the past: spending incurred and revenues earned – Do not measure creation or destruction of future economic value • The Balanced Scorecard identifies the factors that create long-term economic