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Dimension of a Balanced Scorecard - Assignment Example

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Summary

The paper 'Dimension of a Balanced Scorecard ' gives detailed information about a balanced scorecard which is useful in recognizing openings for new products and services. A balanced scorecard can be used to translate an organization’s mission and into precise deliberate purposes…

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Subject: Management
Type: Assignment
Level: College
Pages: 1 (250 words)
Downloads: 4
Author: gibsonashleigh

Extract of sample "Dimension of a Balanced Scorecard"

With the implementation of the scorecards, they will be able to link their strategies with long term goals.Governments are trying to be more business-like and are trying to use result-oriented sector management tools, thus the adoption of the scorecards. Although the scorecard is not yet implemented full many government organizations have started adopting it and customizing it to fit their needs. The several organizations and governments that have already adopted it demonstrate that the balanced score card can be applied successfully to the government sector.

The customer perspective should be at the top in a governments balance scorecard. However, the other three perspectives are not provided for in the order in which they should appear, but all of them eventually lead towards the customer in the balanced scorecard.

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