The fit scorecard is a strategicalal training and worry system that is used extensively in business, industry, government, and non-profit organizations planetary to dress business activities to the vision and strategy of the company, to improve intrinsic and outdoor(a) communications, and monitor the companys performance against strategic goals. It was originated by Drs. Robert Kaplan and David Norton as a performance measurement fashion influence that adds strategic non-financial performance measures to traditional financial metrics to get hold of managers and executives a more balanced view of organizational performanc e. epoch the phrase balanced scorecard wa! s coined in the first 1990s, the root of this approach are deep, and include the pioneering work of customary electric automobile on performance measurement insurance coverage in the 1950s. The balanced scorecard has evolved from its early use as a round-eyed performance measurement framework to a full strategic planning and management system. The new balanced-scorecard transforms a company strategic plan from an...If you want to get a full essay, piece it on our website: OrderCustomPaper.com
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