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DESCRIPTION
This presentation is an introduction of the balanced scorecard concepts and its application in corporate performance measurement. It has been used by a major consulting firm in conducting education sessions for its clients in a balanced scorecard project.
The contents include: BSC concept, BSC process, what makes a good objective and measure, example objectives and measures, example BSCs (Telco, Chemco, Manufco, OilCo, AluminumCo), lessons learned.
The BSC's focus is on factors which create long-term economic value in an organisation, for example:
+ Customer focus.
+ Organisational learning.
+ Business processes.
Traditional accounting measures are by definition backward looking:
+ Financial measures only reflect the results of actions already taken.
+ Do not provide an indication of future financial performance.
+ Do not indicate desired performance.
+ Do not provide a basis for planning and target setting.
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Source: Best Practices in Balanced Scorecard PowerPoint Slides: Introduction to Balanced Scorecard PowerPoint (PPT) Presentation, Documents & Files
OVERVIEW
Balanced Scorecard Strategy Deployment & Execution Consulting Frameworks KPI Strategic Planning Hoshin Kanri Strategy Development Strategy Frameworks Operational Excellence Business Case Development Digital Transformation Business Transformation Customer Experience Value Proposition Cyber Security Mobile Strategy Performance Management Financial Modeling Gap Analysis Cognitive Bias Product Management Net Promoter Score Hypothesis Generation Consulting Training Organizational Design Strategic Analysis Strategic Thinking Henry Mintzberg Problem Solving Mining Industry
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