The trends in Balanced Scorecard usage among Fortune 500 companies include a significant move towards quarterly reporting, with an average of 56% of organizations reporting quarterly in 2019, up from 38% in the previous year. This may be linked to a decrease in six-monthly reports. The frequency of Balanced Scorecard reviews also increased to 58% in 2019, up from 40% in 2018. 3rd Generation Balanced Scorecard designs continued to be the most popular, with 89% of organizations that used them reporting extreme satisfaction. Almost two-thirds of organizations reported having multiple Balanced Scorecards, a significant increase from 2018. The number of respondents who found their Balanced Scorecard extremely or very useful also increased by 88% in 2019, up from 75% in 2018.
Strategic planning is a crucial aspect of a business’ success. That is why Apple, Volkswagen, UPS, C...
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