Compare and contrast strategic balanced scorecards, KPI scorecards, and stakeholder scorecards.
Compare and contrast strategic balanced scorecards, KPI scorecards, and stakeholder scorecards.
Homework Answers
Strategic balanced scorecard is a approach used in Strategic Management to focus on internal functions of entity and their outcomes.Balanced scorecard focuses on mainly four points like growth, Internal business processes, customers and financing.
KPI scorecards, means Key Performance Indicators is to assign workforce contribution towards achieving the long term objective of the enterprise.The four points considers KPI scorecard are financial,customer,internal process,learning or growth or innovation prospective.
Stakeholder scorecard is a approach wherein stakeholder approach to assessing organizational performance.It keeps the relationship between organization and its key stakeholder groups.
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Compare and contrast strategic balanced scorecards, KPI scorecards, and stakeholder scorecards.
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