Performance analysis in the Balanced Scorecard (BSC) plays a crucial role in evaluating the effectiveness of the strategies implemented by an organization. It involves the examination of various performance measures and key performance indicators (KPIs) that have been set in line with the organization's objectives. This analysis helps in identifying areas of improvement, assessing the progress towards achieving targets, and making necessary adjustments to the strategic initiatives. It forms an integral part of the BSC implementation process.
Strategic planning is a crucial aspect of a business’ success. That is why Apple, Volkswagen, UPS, C...
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