Balanced Scorecard Style 751

Norton, who are widely credited with having developed the balanced scorecard system. Here is how Kaplan and Norton began their 1992 paper. This template is suitable for businesses that need a basic template to get started with the balanced scorecard concept. You can modify fonts and colors and add a logo to create your custom look. There is also room for your budget information. The first objective was measured by percent revenue from new services and the second objective by a continuous improvement index that represented the rate of improvement of several key operational measures, such as safety and rework. But in order to drive both product/service innovation and operational improvements, a supportive climate of empowered, motivated employees was believed necessary. The learning and growth perspective looks at your overall corporate culture. Are people aware of the latest industry trends? As a result, it is really possible to create company scorecard within a short period of time, probably several days. For a moderate price, managers and strategic planners will acquire an effective tool which they will use for the company benefit.

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