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The Balanced Scorecard: A Vision Report Card

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21 out of 44 users found this white paper useful


Publisher Institute of Management Accountants
Publisher Registration Register to Access
Topics Strategic Planning, Infrastructure Management Date added 29 Sep 2003
Downloads 16 Format 190.2KB PDF

As with most companies, the bottom line has always run the business and has been the indicator of a successful or unsuccessful financial period. Although a plausible gauge, this short-term view hides the long-term issues. More than a gauge, the Balanced ScoreCard (BSC), a technique in strategic management, provides a comprehensive set of measures used to communicate and evaluate achievement of an organization's mission and strategy. This tool traditionally includes both objective and subjective measures divided into four major areas: Financial Perspective, Customer Perspective, Internal Business Process, and Learning Process and Growth Perspective. The balanced scorecard becomes a vital tool in the changing of a culture.

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21 out of 44 users found this white paper useful


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