The Balanced Scorecard can be customized for different industries by identifying the key performance indicators (KPIs) that are most relevant to each industry. These KPIs should align with the strategic goals of the business. For example, a manufacturing company might focus on metrics related to production efficiency and product quality, while a service company might focus on customer satisfaction and service delivery speed. The BSC can also be adapted to reflect the unique organizational structure and processes of each business.
Strategic planning is a crucial aspect of a business’ success. That is why Apple, Volkswagen, UPS, C...
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