How Does the Balanced Scorecard Communicate Strategy to the Organization

question 40

Essay

How does the Balanced Scorecard communicate strategy to the organization? How is strategy translated into performance measures?

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Definitions:

Distills Content

The process of condensing information or data to its most essential parts or key points, making it clearer and more understandable.

Verify Research Sources

The process of confirming the accuracy and reliability of sources referenced in research.

Editorial Board

A group of experts responsible for guiding the policies and direction of a publication.

Critical Facts

Essential and often decisive pieces of information that influence the understanding or outcome of an issue.