The Balanced Scorecard (BSC) is beneficial for companies in transition because it provides a comprehensive framework for tracking performance and setting objectives. It allows companies to view their organization from four different perspectives, enabling them to develop Key Performance Indicators (KPIs), targets, and initiatives related to these perspectives. This holistic approach can be particularly useful for companies in transition, as it allows them to monitor their progress and adjust their strategies as necessary.
Strategic planning is a crucial aspect of a business’ success. That is why Apple, Volkswagen, UPS, C...
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