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balanced scorecard

Balanced scorecard: Keep it simple

Q. How do I complete and implement the balanced scorecard?

A. An organizational process is a collection of interrelated activities or tasks that produce outputs.

Balanced scorecard: Connect processes to results

Q. What are the balanced scorecard value propositions for customers?

A. The focus of your business strategy is to connect internal processes to improve results with customers. The core question for this: What strategic targets should be set to satisfy the desires of your customers to achieve financial objectives?

Balanced scorecard: Define your strategy

Q. How do I begin building a balanced scorecard?

A. When designing a balanced scorecard, start by asking: “What is our strategy?” To answer this question, the first step is doing a SWOT analysis, or another similar scanning assessment, followed by evaluation of issues, forecasting and goal setting.