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15.15: Introduction to the Need for a Balanced Scorecard

  • Page ID
    47821
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    What you’ll learn to do: explain the need for a balanced scorecard

    Just as humans have different systems that interact to make up a person’s overall health, organizations have many different components that contribute to organizational health. Though we tend to focus on symptoms to know whether we’re healthy or not, it’s a good idea to have regular physical exams to make sure we’re not missing any health red flags. In the case of an organization, this is where a balanced scorecard comes in. A balanced scorecard is the health checklist, monitoring and measuring the health of the company.

    Contributors and Attributions

    CC licensed content, Original
    • Introduction to the Need for a Balanced Scorecard. Authored by: Talia Lambarki and Lumen Learning. License: CC BY: Attribution

    This page titled 15.15: Introduction to the Need for a Balanced Scorecard is shared under a CC BY 4.0 license and was authored, remixed, and/or curated by Lumen Learning via source content that was edited to the style and standards of the LibreTexts platform; a detailed edit history is available upon request.