Instituting or Re-invigorating the Balanced Scorecard can seem daunting at first.
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While the number of measures under each of these categories may seem overwhelming at first, the Balanced Scorecard is meant to only capture those measures that reflect the strategy of the company.
Why is the Balanced Scorecard important?
What is the Balanced Scorecard?
Many firms also use ABC data for the measures required for a balanced scorecard (see article).
ECONOMIST: Idea
Founding managing director Scott Maxwell combines the work cycles of self-organizing teams with a balanced scorecard approach.
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