The Balanced Score card

Description

The Balanced Score card

Turn your data into a roadmap to success

Name: the Balanced Scorecard (BSC).
Uses: the Balanced Scorecard links an organisation’s long term
objectives to its daily activities. It is a tool for strategic thinking that
can be adapted to suit the organisation’s overall approach.
Why is it successful? The Balanced Scorecard gives managers,
employees and shareholders a comprehensive view of the company,
based on financial and non-financial aspects. The Balanced Scorecard
clarifies the short and long term objectives and the strategies of the
company. It also ensures consistency between daily activities and the
overall vision of the company.