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Issue:

English

 

Written by:

Russel S

 

Date added:

March 6, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1489

 

Was viewed:

3285 times

 

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Essay content:

It provides a framework that not only provides performance measurements, but helps planners identify what should be done and measured. It enables executives to truly execute their strategies. This new approach to strategic management was first detailed in a series of articles and books by Drs. Kaplan and Norton...
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Kaplan and Norton. Recognizing some of the weaknesses and vagueness of previous management approaches, the balanced scorecard approach provides a clear prescription as to what companies should measure in order to 'balance' the financial perspective. The balanced scorecard is a management system (not only a measurement system) that enables organizations to clarify their vision and strategy and translate them into action...
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General issues of this essay:
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