Balanced Scorecard is a management tool which helps to translate strategy into action and strengthens the implementation process through a coherent set of performance measures.
- It covers both financial and non-financial initiatives.
- Links them together towards the defined goal by focusing on measurable, purposeful actions.
- Provides a transparent framework for both the management and the team to track the progress as they go along.
Qualtran has the expertise to help organizations implement the Balanced Scorecard approach, which is built around four perspectives :
- Internal Bussiness Process
Learning & Growth