Balanced Scorecard Module I: Overview
Monday, December 18, 2017
Every organization needs a Balanced Scorecard to: COMMUNICATE organizational goals and strategy to Everyone! ALIGN All employees so everyone is rowing in the same direction! LEARN if their strategy is working to achieve goals sooner rather than later. FOCUS on non-financial measures to ensure financial measures are achieved Relate Department and Cost Center Performance Measures to Organizational Goal.
*Why organizations need a Balanced Scorecard?
*Goal of Balanced Scorecard
*What is a Balanced Scorecard!
*Differences between Traditional and Balanced Scorecard Measures