Balanced Scorecard

Filed Under »

	Definition of 'Balanced Scorecard' A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced scorecard attempts to measure and provide feedback to organizations in order to assist in implementing strategies and objectives.
	Investopedia explains 'Balanced Scorecard' This management technique isolates four separate areas that need to be analyzed: (1) learning and growth, (2) business processes, (3) customers, and (4) finance. Data collection is crucial to providing quantitative results, which are interpreted by managers and executives and used to make better long-term decisions.

Related Definitions

Search results for

Holding Titles On Real Property

Find out how best to claim and convey ownership on your assets.
Read More »
Encumbrances And Nonpossessory Interests In Real Property

Learn about nonpossessory interests and the various forms of encumbrances.
Read More »
Are my IRAs secure against possible liens?
Read More »
10 Legal Business Practices Of Dubious Ethics

Being aware of these unscrupulous methods can help you avoid them as best you can.
Read More »
Consumer Protection Laws You Need To Know

Knowing these which consumer protection law can help you in particular situations can save you time, money and stress.
Read More »
Are You Protected If Your Insurance Company Goes Belly-Up?

Consumer protection against insurance company failures actually falls into the hands of state governments. How much protection do you have?
Read More »
Standards And Ethics For Financial Professionals

Scandals and fraud have given financial professionals a black eye. Learn how to avoid typical ethical dilemmas.
Read More »
How The U.S. Government Formulates Monetary Policy

Learn about the tools the Fed uses to influence interest rates and general economic conditions.
Read More »
Using Tax Lots: A Way To Minimize Taxes

The method of identifying cost basis can help you to get the most out of reduced tax rates.
Read More »
An Overview Of Retirement Plan RMDs

Make your deadlines for required minimum distributions and save more of your nest egg.
Read More »

Partner Links

Translating "Fed Speak" Into Plain English	The Complete Guide To Vacation Properties		Problems Loom For The Chinese Economy	Did Facebook Overpay for Instagram
	U.S. Government Cracks Down On Insider Trading	Ethical Investing Tutorial	Beginner's Guide To Using MetaTrader 4