The best practices for implementing the Balanced Scorecard include: setting clear and measurable goals, aligning these goals with the company's strategic objectives, ensuring all employees understand their role in achieving these goals, regularly reviewing and updating the scorecard, and using it as a tool for continuous improvement and strategic communication. It's also important to align processes with the scorecard and use it for performance reporting.
Strategic planning is a crucial aspect of a business’ success. That is why Apple, Volkswagen, UPS, C...
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