What comes after the “Balanced Scorecard” methodology…???
The global business environment is facing a revolutionary transformation. Industrial age competition has shifted to the information age competition. In the information age, companies will succeed by investing in and managing their intellectual assets. In this respect, in the early 90’s Drs. Robert Kaplan and David Norton introduced (Harvard Business Review) the “Balanced Scorecard” methodology, a performance management system of balanced financial and non-financial measures (KPI’s). The “Balanced Scorecard” methodology is more than a performance measurement tool. It is a strategic performance management system for achieving breakthrough performance results. The “Balanced Scorecard” methodology, translates the corporate mission objectives and strategies into tangible measures (KPI’s). It is a system that gains internal consensus on strategy, a system that aligns employees with strategic objectives, a framework for involving, inspiring and empowering the human capital and a systematic pr
