Search Results

Learn Balanced Scorecard from best Institutes in Nagercoil. Balanced Score card is a strategic planning and management system used to align business activities to the vision and strategy of the organization by monitoring performance against strategic goals.

The balanced scorecard was first published by Kaplan and Norton in 1992. in a Harvard Business Review article, who are accounting academic and business executive professionals respectively. They introduced this approach to balance the financial perspective. As the traditional approach focused on external accounting only that is obsolete.

It is used to reinforce good behaviors in an organization by isolating four separate areas that need to be analyzed. These four areas, also called legs, involve learning and growth, business processes, customers, and finance. The balanced scorecard is used to attain objectives, measurements, initiatives and goals that result from these four primary functions of a business. Balanced scorecard is an example of a closed-loop controller or cybernetic control applied to the management of the implementation of a strategy.

The characteristics of the balanced scorecard and its derivatives is the presentation of a mixture of financial and non-financial measures each compared to a target value within a single concise report. The report is not meant to be a replacement for traditional financial or operational reports but a succinct summary that captures the information most relevant to those reading it. It is the method by which this most relevant information is determined (i.e., the design processes used to select the content) that most differentiates the various versions of the tool in circulation.
. The below are list of institutes offeres best balanced scorecard training in Nagercoil. You will find training centers which offers balanced scorecard training with placement in Nagercoil. Leave your details to get the balanced scorecard course fee details from top 10 balanced scorecard training institutes in Nagercoil.
We have found 0 Institutes matching your search.