Difference between revisions of "Balanced scorecard"
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:[[Balanced scorecard]]. A tool for monitoring both financial and operational metrics in one document. | :[[Balanced scorecard]]. A tool for monitoring both financial and operational metrics in one document. | ||
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
| − | [[Balanced scorecard]]. A framework for implementing strategy that translates an organization's mission and strategy into a set of performance measures. | + | :[[Balanced scorecard]]. A framework for implementing strategy that translates an organization's mission and strategy into a set of performance measures. |
Revision as of 19:22, 10 July 2020
Balanced scorecard is a performance measurement tool that looks as more than just the financial perspective.
Definitions
According to Management by Robbins and Coulter (14th edition),
- Balanced scorecard. A performance measurement tool that looks as more than just the financial perspective.
According to Managing Quality by Foster (6th edition),
- Balanced scorecard. A tool for monitoring both financial and operational metrics in one document.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Balanced scorecard. A framework for implementing strategy that translates an organization's mission and strategy into a set of performance measures.
