The Balanced Scorecard (Review and Analysis of Kaplan and Norton's Book)
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This complete summary of the ideas from Robert S. Kaplan and David P. Norton's book "The Balanced Scorecard" shows that the Balanced Scorecard is a new business management system which links the achievement of long-term strategic goals with day to day operational requirements. It combines traditional financial measures of success (which are lagging indicators because they always measure past performance) with initiatives designed to generate business in the future (represented by leading indicators). In their book, the authors explain how you can build a Balanced Scorecard and how you can use it as a strategic management system. This summary provides all the tools you need to create a Balanced Scorecard and turn your strategy into concrete action.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge
To learn more, read "The Balanced Scorecard" and discover the revolutionary tool that will change the way you measure and manage your business.
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The Balanced Scorecard (Review and Analysis of Kaplan and Norton's Book) - BusinessNews Publishing
Book Presentation
The Balanced Scorecard by Robert S. Kaplan & David P. Norton
Book Abstract
Important Note About This Ebook
Summary of The Balanced Scorecard (Robert S. Kaplan & David P. Norton)
1. THE BALANCED SCORECARD CONCEPT
2. HOW TO BUILD A BALANCED SCORECARD FOR A BUSINESS ENTERPRISE
3. HOW TO USE A BALANCED SCORECARD AS A STRATEGIC MANAGEMENT SYSTEM
Book Abstract
MAIN IDEA
The Balanced Scorecard is a new business management system which links the achievement of long-term strategic goals with day to day operational requirements. It combines traditional financial measures of success (which are lagging indicators because they always measure past performance) with initiatives designed to generate business in the future (represented by leading indicators).
The Balanced Scorecard also articulates and clarifies why the organization is structured the way it is, and the future direction of the company in such a way that employees, managers and shareholders can have a shared vision which is consistent with