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Warning: Undefined variable $totalRows_mainpages in /home/touchlin/public_html/web/content.php on line 59 Carefully selected set of measures derived from an organization’s strategy. The measures selected for the scorecard represent a tool for leaders to use in communicating to employees and external stakeholders the outcomes and performance drivers by which the organization will achieve its mission and strategic objectives. Paul Niven, 2002
The scorecard translates mission and strategy into goals and measures To reinforce the objectives of the organization by measuring the things that are important to achieving strategy – not just the ones that are easy to measure. It ensures that the organization is properly aligned with its strategy The scorecard is therefore a tool for implementing strategy. Enables companies to link corporate strategy with key performance indicators (KPI’s) at the divisional, departmental, and employee level, and communicate them across the enterprise |
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