About Balanced Score Card
Balance scorecard is a modern methodology used by the companies around the world to align the business’s activities and the strategies with the vision and measure the performance of the company in terms of achieving the set objectives and goals.
Developed in the early 1990’s, Balanced Scorecard technique allows the managerial executives to measure the performance of the organization through financial as well as non-financial performance measures. This allows the managerial cadre team to have a balanced view of the ongoing performance of the company. Simply stated, a balanced score card technique translates Continue reading...