Several factors contributed to the increase in Balanced Scorecard usefulness in 2019. There was a significant move towards quarterly reporting, with an average of 56% of organizations adopting this approach, compared to 38% in the previous year. This change in reporting frequency was mirrored in the data on how often Balanced Scorecards are reviewed, with a significant increase to 58%, compared to 40% in 2018. 3rd Generation Balanced Scorecard designs continued to be the most popular design format and were also the design giving the highest scores for value. Almost two-thirds of the organizations in the survey reported having multiple Balanced Scorecards, marking a big increase over 2018. The number of respondents who said that their Balanced Scorecard was extremely or very useful increased by 88% in 2019, compared to 75% in 2018.
Strategic planning is a crucial aspect of a business’ success. That is why Apple, Volkswagen, UPS, C...
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