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How can the Balanced Scorecard
Template help?
Stand out and make a difference in the new ultra-competitive markets with this Balanced scorecard Template.
The Balanced Scorecard is a strategic performance management tool developed by Dr. Robert Kaplan and David Norton in the early 1990s. It focuses on financial and non-financial measures to provide a balanced view of an organization’s performance.
Specifically, It is a comprehensive strategic management system that translates an organization’s vision and strategy into actionable objectives and measures across 4 perspectives: financial, customer, internal processes, and learning and growth. This allows organizations to monitor progress toward their strategic objectives and take proactive measures to achieve their goals.
In conclusion, many famous companies today use the Balanced Scorecard as a strategic management tool to drive performance improvement and focus on KPIs.