Description
please research and discuss the Balanced Scorecard. It first appeared in the literature in the 1990's (Kaplan in the HBR) and has gained increasing popularity since then. There are many uses for the Balanced Scorecard as well as several variations of its application in organizations. Please discuss what it is, how it is used with regard to strategic management and what are your experiences with it in the workplace. please talk a little bit about how to utilize Scorecard in the CAPSIM as well.
please cite your reference in APA format
1 to 2 pages
Explanation & Answer
Attached.
Running head: BALANCED SCORECARD
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Balanced Scorecard
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Institution
Date
BALANCED SCORECARD
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Introduction
A balanced scorecard has gained popularity globally since its invention in the 1990s, by
Kaplan and Norton. In the Harvard Business Review, it once received most votes for being one
of best ideas in the business industry. Over the last two decades, the balanced scorecard (BSC)
has been adopted widely. However, this tool has not yet been understood well by managers
hence they tend to misuse it.
Discussion
A balanced scorecard is a strategic execution tool utilized in management and planning of
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Review
Review
