Explain the Four Perspectives on Performance Encouraged by the Balanced

question 2

Essay

Explain the four perspectives on performance encouraged by the balanced scorecard approach.

Appreciate the significance of situational factors in determining leadership effectiveness.

Acknowledge the importance of role modeling and guidance in mentoring relationships.

Understand the causes and generation mechanisms of tsunamis.

Learn the methods for studying both contemporary and prehistoric earthquakes.

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Definitions:

External Environment

Factors outside an organization that can affect its operations and success, including economic, political, social, and technological influences.

Organizational System

A structured arrangement of people, processes, and technology designed to achieve specific goals within a company.

Knowledge Structures

The ways in which information and knowledge are organized and interconnected in an individual's mind or within an organization.

Learning Organization

An organization that facilitates the learning of its members and continuously transforms itself to better respond to the needs of its environment.