Balanced Business Scorecard - EngiLifeSciences
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Balanced Business Scorecard

By June 26, 2019 No Comments
Balanced Business Scorecard

Balanced Business Scorecard

EngiLifeSciences 3PO Model  |  Performance Management Strategy

How Do You Measure the Performance of Internal Processes Within the Organization?

EngiLifeSciences assists organizations with the design and implementation of Balanced Business Scorecards. A balanced business scorecard is a performance management metric that helps identify and improve various internal functions of a business or optimize transformed processes. The scorecard matches financial measurements from past performance metrics with the drivers for future performance.

The objectives and metrics of the balanced business scorecard are based on the client’s organizational vision. We implement the balanced business scorecard from four perspectives: financial measurements, customer feedback, internal business process, and learning and growth. Our bespoke performance management systems are usually the platforms for the balanced business scorecard.

Features and Benefits

The balanced business scorecard clarifies and translates the client’s organizational vision and strategy into measurable elements. This helps to communicate and link strategic objectives throughout the organization. Our clients can plan, set targets, and align with strategic initiatives as they benefit from enhanced strategic feedback and learning.

EngiLifeSciences 3PO Model

This is part of a series about EngiLifeSciences’ 3PO Model. If you would like to learn more about other segments within the 3PO model, click the links below: 

People Strategies

Process Strategies

Performance Management Strategies

Organization Strategies

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