Last updated on Dec 17, 2024

What are the main challenges and opportunities of implementing a balanced scorecard?

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Strategic management is the process of defining and executing the goals and actions of an organization, based on its vision, mission, values, and external environment. A balanced scorecard is a tool that helps managers align their activities with the strategic objectives, and measure their performance across four perspectives: financial, customer, internal, and learning and growth. In this article, we will explore some of the main challenges and opportunities of implementing a balanced scorecard in your organization.

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