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An example of constructed balanced scorecard for SAS Institute

An example of constructed balanced scorecard for SAS Institute

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Expert Solution

Balanced scorecard help organizations achieve their business objectives. Customer, Finance, Internal business processes, Learning and growth are the four main business perspectives of any organisation.

To construct a balanced scorecard:

Step 1: For each business perspective, identify your strategic objectives.

Step 2: For each strategic goal, measure success.

Step 3: Find whether your targets are met or not.

Step 4: Initiatives you make based on the results.

venereology answered 1 year ago
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