The Balanced Scorecard contributes to performance reporting by providing a comprehensive framework for tracking and measuring organization's strategic performance. It allows organizations to view the business from four perspectives, and to develop metrics, collect data and analyze it relative to each of these perspectives. The four perspectives are: Financial, Customer, Internal Process, and Learning and Growth. This helps in aligning business activities to the vision and strategy of the organization, improving internal and external communications, and monitoring organization performance against strategic goals.
Strategic planning is a crucial aspect of a business’ success. That is why Apple, Volkswagen, UPS, C...
Download template