Evaluation:
Published: 05.09.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Balanced Score Card Model', 1.
Extract

As global competition heats up, the need to identify and implement strategies that yield competitive advantage increases.
Balanced Scorecard (BSC) is a management concept which helps managers at all levels monitor results in their key areas. The BSC is a performance management approach that focuses on four indicators, including customer perspective, internal-business processes, learning and growth and financials, to monitor progress toward organisation's strategic goals.
Working in a telecommunications company, our challenges in 2001 were to ach…

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