Defining your Balanced Scorecard Strategy
The balanced scorecard is an approach to future planning. A business scorecard starts with a vision defining where the company is heading in the long term and a mission to justify its existence in the shorter term. Balanced scorecard strategy is the top level of decision making for the changes necessary throughout the organization to achieve the vision in a defined period of time. Scorecard strategy wont necessarily be equally important. “20-20” uses weightings to designate the strategy’s importance. The Notes section provides extra space in which to elaborate and clearly articulate the strategy beyond the summary in the list of strategies. When a balanced scorecard strategy is selected in the list it’s notes will also be shown.
Return to 20-20 Balanced scorecard overview