What Is A Balanced Scorecard?

The balanced scorecard is used to express the competition on the basis of production capacity and what must be achieved in the competition of technological innovation. Various And interrelated goals.

The Balanced Scorecard translates tasks and decisions into goals and objectives. index It consists of four parts: finance, customer, internal business process, learning and growth. The Balanced Scorecard keeps the traditional financial indicators, while increasing non-financial indicators, so that financial indicators and non-financial indicators become part of the staff information system of all levels of the enterprise.

Balanced scorecard index Use People differ from person to person. It includes integrating the strategy of the enterprise, conveying the strategy of the enterprise, linking the enthusiasm of individuals, enterprises and departments to achieve a common goal. By using the balanced scorecard, business managers can measure how their business units create value for current and future customers, how to build and enhance internal production capacity, and how to invest in personnel, systems and procedures to improve future business. The balanced scorecard is a system for communication, notification and learning, rather than a control system.