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Balanced ScoreCard

Balanced ScoreCard

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This package has been created as a practical guide to developing performance measurements in any industry. It has been divided into the following 6 sections:

1. Introduction
2. Measurement as a management support system
3. What is a balanced scorecard?
4. Developing a customized balanced scorecard
5. Target setting and quantifying performance for incentive programs
6. New performance management system and the performance improvement process

This package has been created as a practical guide to developing performance measurements in any industry. It has been divided into the following 6 sections:

1. Introduction
2. Measurement as a management support system
3. What is a balanced scorecard?
4. Developing a customized balanced scorecard
5. Target setting and quantifying performance for incentive programs
6. New performance management system and the performance improvement process

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Published by: Prof. Lakshman Madurasinghe on Sep 09, 2008
Copyright:Attribution Non-commercial

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06/05/2013

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This package has been created as a practical guide to developingperformance measurements in
any
industry. It has been divided into thefollowing 6 sections:1. Introduction2. Measurement as a management support system3. What is a balanced scorecard?4. Developing a customized balanced scorecard5. Target setting and quantifying performance for incentive programs6. New performance management system and the performanceimprovement process
Performance Measurement Systems
 
There are 3 charts in this section
Performance Measurement Systems:1.0 Introduction
This is a general introductory chart which has been tailored for measurements to demonstrate that a balanced scorecard is an integralpart of business planning and strategy
Chart 1.1:
This chart emphasizes that strategy implementation must be top-down anda good measurement system is a powerful tool for achieving this. It alsoshows how a balanced scorecard decomposes as it permeatesdownwards from the top - making company objectives actionable at alllevels
Chart 1.2:
An important chart which demonstrates that the balanced scorecard is apowerful approach for identifying areas of improvement andinadequacies in support processes. A balanced scorecard should be aprelude to a business re-design or a process re-engineering
Chart 1.3:
 
1.1 The balanced scorecard is an integral part of business planning and strategy
VisionMissionBusiness Planning and Strategy
Goals andObjectivesBalancedScorecard
Corporate MeasurementandReporting System

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