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Balanced Scorecard Briefing for NAPA BaSIGEd Kufeldt Director, Corporate Planning ed.kufeldt dfas.mil February 2004Your Financial Partner WorkPresentation Outline z z z z zWhat is DFAS? DFAS approach.

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The next important difference is that KPI Scorecard focuses on performance metrics, while Balanced Scorecard focuses on the business goals. ... Teams are focused on KPIs, not on achieving important goals.

Measures of customer satisfaction, internal business performance, and innovation and improvement are derived from the company's particular view of the world and its perspective on key success factors. ... The balanced scorecard can only translate a company's strategy into specific measurable objectives.

Why does the balanced scorecard include financial performance measures as well as measures of how well internal business processes are doing? ... Both of these measures are included in order to fully understand how a business is doing and how effective their strategy is.

Therefore, an example of Balanced Scorecard description can be defined as follows: A tool for monitoring the strategic decisions taken by the company based on indicators previously established and that should permeate through at least four aspects financial, customer, internal processes and learning & growth.

The original formulation of the strategy map is based on the 'four perspectives' of the BSC financial, customer, internal and learning and growth.

The balanced scorecard (BSC) is a strategic planning and management system. Organizations use BSCs to: Communicate what they are trying to accomplish. Align the day-to-day work that everyone is doing with strategy. Prioritize projects, products, and services.

The balanced scorecard is divided into four different perspectives which include financial, customer, internal business processes and learning and growth perspectives. The financial perspective seeks to answer the question: to succeed financially, how should we appear to our shareholders?

The four perspectives of a traditional balanced scorecard are Financial, Customer, Internal Process, and Learning and Growth.

But by balancing internal and process measures with results and financial measures, managers will have a more complete picture and will know where to make improvements. ...

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232