NEED FOR IMPLEMENTATION OF BALANCED SCORECARD AND BALANCED HR SCORECARD
Research conducted by the Harvard Business School demonstrates that overall only 1 out of every 10 companies that formulate strategy can effectively implement it. Many factors make it difficult to implement strategy today. The pace of change continues to accelerate, technology changes frequently, and the workforce is more diverse and mobile than ever before. While the business world continues to evolve, management systems cannot keep the pace of change. The majority of measurement and management systems are designed to meet the needs of a stable, incrementally changing world, which cannot meet the needs and expectations of the dynamic economy. Various researches could confirm ...
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