Balanced Scorecard: Concept, Performance Indicators and Advantages
In this article we will discuss about:- 1. The Concept of Balanced Scorecard 2. Key Performance Indicators 3. Advantages of Balanced Scorecard. The Concept of Balanced Scorecard: Balanced scorecard (BSC) is a tool for effective implementation of strategy. It measures progress in achieving long-term objectives set out in the corporate plan, which translates strategy into action plan. It was created [...]