1. The objectives and measures of the balance scorecard
... . A good balance scorecard should have an appropriate mix of outcomes (lagging indicators) and performance drivers (leading indicators) that have been customised to the business unit's strategy. Linking To Financials: Ultimately, casual paths from all of the measures on a balanced scorecard should be linked to the companies chosen financial objectives. They key to the balance scorecard and aligning it to the overall organisational strategy is efficient implementation. Having a strategy ... , no matter how complex is not enough. Even the most effectively developed strategy that reflects th...
- Word Count: 2837
- Approx Pages: 11
- Has Bibliography
- Grade Level: Undergraduate