The Balanced Scorecard supports decision-making in organizations by providing a comprehensive framework for tracking performance metrics. It allows organizations to measure and review their performance on a regular basis, often quarterly, which aids in making informed decisions. The Scorecard is also useful in aligning organizational activities with the vision and strategy of the business, 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...
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