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Balanced Scorecard
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| | B | Balanced ScorecardThe balanced scorecard is a strategic management system used to drive performance and accountability throughout the organization.
The scorecard balances traditional performance measures with more forward-looking indicators in four key dimensions: * Financial * Integration/Operational Excellence * Employees * Customers
Benefits include: * Alignment of individual and corporate objectives * Accountability throughout the organization * Culture driven by performance * Support of shareholder value creation
Posted By: Tomas Franke Modified By: Last Modified: Feb. 8, 2004
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"The Bottom Line" Links
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