Asked by Vritra Official on May 01, 2024
Verified
The balanced scorecard has four performance perspectives: financial, customer, learning and growth, and strategic.
Learning and Growth
Refers to the strategies and processes that facilitate the continuous improvement and development of employees, systems, and organizational capabilities.
Balanced Scorecard
A strategic planning and management system used by organizations to align business activities to the vision and strategy, improve internal and external communications, and monitor organizational performance against strategic goals.
- Gain insight into the balanced scorecard's role and its efficacy as a system for strategic performance management.
Verified Answer
Learning Objectives
- Gain insight into the balanced scorecard's role and its efficacy as a system for strategic performance management.
Related questions
Strategic Performance Measurement Systems Are Commonly Used by Large Companies ...
The Balanced Scorecard Is Named for Its View of Company ...
The Balanced Scorecard Focuses on Lagging Indicators Such as Actual ...
If Improvement in a Performance Measure on a Balanced Scorecard ...
In Essence, a Balanced Scorecard Lays Out a Theory of ...