The balanced scorecard is a strategic planning and management system which takes into account non-financial aspects of corporate performance, explains the Balanced Scorecard Institute. The system ...
To ensure long-term flexibility and survival, an organization needs to prepare for the future. The balanced scorecard managing system "maps an organization's strategic objectives into performance ...
Academic research in management accounting can provide companies with insight in using management accounting systems to better achieve strategic and operating objectives. It explains or predicts how ...
Parker Hannifin’s manufacturing capabilities span 111 divisions in 45 countries, which presents a unique challenge: How do you measure success? The answer was to institute the Kaplan & Norton’s ...