The Balanced Scorecard Can Be Translated into an Individual Scorecard

question 3

True/False

The Balanced Scorecard can be translated into an individual scorecard that helps toward the achievement of personal and professional goals and objectives.

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Definitions:

Management By Objectives

A management strategy where employees and managers collaborate to set, understand, and achieve specific objectives within an organization.

Performance Management

A systematic process by an organization to improve employee performance through objectives, feedback, and coaching.

Goal Commitment

The determination and attachment an individual has towards achieving a specific target or objective.

Role Clarity

The degree to which individuals understand their job responsibilities, expectations, and parameters within an organization.