Balanced Scorecard Implementation
Understanding how to develop the performance management framework through a well developed corporate strategic policies is germane to the growth and development of any organization. Also the clear communication of an organizational vision is an important success factor in today’s modern business world. This solution provides the required performance management framework development using the Balanced Score Card framework. The framework focuses on major areas like: Financial Perspective, Customer Perspective, Internal Process Perspective and Innovative Process Perspectives. This solution focuses on performance management comprehensively as a core ingredient towards knowing what existing and new customers value from the organisation and also what processes the organisation must excel at internally to achieve set financial and customer objectives in order to translate her vision into actions.