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The balanced scorecard was developed in the early 1990s away robert kaplan, AN accounting professor astatine harvard university, and david norton, A consultant from the boston area.
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Norton in 1992, in an clause that appeared fashionable the harvard business review titled: the balanced scorecard: measures that drive performance.
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The balanced scorecard method: from theory to practice 21 winner is not stockholder value or gain but rather how well the government agency is meeting the mission given to them by legislative statute or enforcement order.
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Kaplan and norton's ideas derived from a research cogitation of a cardinal organizations where they explored new methods, other than financials, to measure carrying out.
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Which is a successful implementation of a balanced scorecard?
Still, the effective implementation of a performance measurement system like the balanced scorecard (BSC) often leads to the implement a more successful execution of a business strategy. The purpose of this qualitative single case study sought to explore the successful strategies used by business leaders to implement a BSC effectively.
Last Update: Oct 2021
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