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Balanced Scorecard
(redirected from Balance scorecard)

   Also found in: Wikipedia 0.01 sec.
Balanced Scorecard
A type of internal audit. A balanced scorecard collects data and reports to management on four areas: learning and growth, business processes, customers, and finance. The balanced scorecard helps an organization monitor performance and, if necessary, make improvements.


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C Omran Zbeida expressed his satisfaction for the participants' ability to quickly grasp the concept of the balance scorecard.
The balance scorecard provides a link between the strategies and performance, thence a proper alignment of actions to strategy and its proper implementation.
Over the past few years, the balance scorecard has become an important measurement system that is being used in many organizations to measure management performance.
 
 
 
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