June 2011
Intermediate to advanced
378 pages
14h 11m
English
Content preview from Performance Management Systems and StrategiesBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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BENEFITS OF THE BALANCED SCORECARD
Some of the benefits of the balanced scorecard can be listed as under:
- It aligns key performance indicators with the overall strategy of the organization, and in the process facilitates effective measurement of realized strategy vis-à-vis the performance goals of the organization.
- Balanced scorecard makes available the holistic picture of business results; therefore, it can also be used as organizational health index.
- It enforces a positive work culture in the organization, as in the process of its development all cross-sections of employees need to get involved, communicate with each other, understand the business imperatives and the strategies of the organization, irrespective of the nature of their activities ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.