1. The objectives and measures of the balance scorecard
Although each measure within the balance scorecard is important to the overall strategy the best balance scorecard consists of a series of measures with linkages and which incorporate both cause and effect relationships and a mixture of outcome measures and performance drivers. ... There is generally thought to be three enabling principles in this regards: With regards to the Cause and Effect Relationships the balance scorecard is much more like a network of linked indicators rather than individual measures. Every measure selected should be an element of a chain of cause and effect relationsh...
- Word Count: 2837
- Approx Pages: 11
- Has Bibliography
- Grade Level: Undergraduate