Published by:
Harvard Business Publishing
Length: 2 pages
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Abstract
The Balanced Scorecard is here to stay, or so it would seem. Bain & Co. ''s Eighth Annual "Management Tools" survey showed that 50% of companies in North America and Europe claim to be using the scorecard. The use of nonfinancial measurement, while not new, has never before been embraced in a comprehensive and consistent way. So, why now? The answer lies in the Balanced Scorecard''s history and evolution and the broader development of the business economy.
About
Abstract
The Balanced Scorecard is here to stay, or so it would seem. Bain & Co. ''s Eighth Annual "Management Tools" survey showed that 50% of companies in North America and Europe claim to be using the scorecard. The use of nonfinancial measurement, while not new, has never before been embraced in a comprehensive and consistent way. So, why now? The answer lies in the Balanced Scorecard''s history and evolution and the broader development of the business economy.