Balanced Scorecard
Strategy
Balanced Scorecard
Performance-management framework linking financial, customer, process and learning perspectives to strategy.
Examples
- 01The plant's balanced scorecard has four perspectives: financial results, customer delivery, internal process quality and employee skills.
- 02The management review checks the balanced scorecard every month and agrees actions where a perspective is red.
- 03Each department links its improvement work to at least one balanced scorecard objective, so local effort supports the strategy.