1. The objectives and measures of the balance scorecard
As already stated, the balance scorecard translates mission and strategy into a coherent set of objectives and measures. ... The important idea here is the linking of the Balance scorecard to strategy. ... They key to the balance scorecard and aligning it to the overall organisational strategy is efficient implementation. Having a strategy, no matter how complex is not enough. ... A study found that less than 10% of strategies effectively developed were effectively implemented. ...
- Word Count: 2837
- Approx Pages: 11
- Has Bibliography
- Grade Level: Undergraduate