Balanced & Linked Scorecard
Know so you can act. By focusing not only on financial outcomes but also on the operational, marketing and developmental inputs to these, a balanced and linked scorecard helps provide a more comprehensive view of a business, which in turn helps organizations act in their best long-term interests.
A business cannot directly influence financial outcomes by only looking at financial statements, since these are lagging indicators. They should instead also measure those areas where direct management intervention is possible. In so doing, you can achieve a degree of balance in selection of performance measures and link those throughout the business.
JiT Technologies can help organizations to set up the right mix of measures - in addition to Financial Outputs - Customer, Supplier, Internal Business Processes and Learning & Growth, along with others to get proactive control to the business. We also have experience building the dashboard to allow executives and managers to act on the fluctuations in these measures as quickly as required.
See Measuring Outputs for more, select another offering or contact us to see how we can help.