1. The objectives and measures of the balance scorecard
... , many factors such as the pace of change, technology innovation and the workforce being more diverse and mobile make strategy implementation extremely difficult. The industrial age has been replaced by the knowledge age, with transformational effects on the economy and the workplace. Most management systems were designed to meet the needs of a stable, incrementally changing world; they do not meet the needs of today's dynamic economy. This is where the balance scorecard comes into play ... . It puts strategy- the key driver of results today- at the centre of the management process. Altho...
- Word Count: 2837
- Approx Pages: 11
- Has Bibliography
- Grade Level: Undergraduate