Balanced Scorecard

The Balanced Scorecard is a performance measurement model[1]. It offers a way for a corporation to gain a wider perspective on its strategic decisions by considering the impact on finances, customers, internal processes and employee learning. The analysis takes into account financial and nonfinancial measures, internal improvements, past outcomes and ongoing requirements as indications of future performance.

Defined Terms
1. model.

A graphical representation of a real-world event or process that needs to be communicated to all parties involved in system development to understand roles, steps, activities and outcomes associated with business events.

Scroll to Top
Verified by MonsterInsights