Balanace score card ppt
Download as PPTX, PDF145 likes153,536 views
The document discusses the balanced scorecard framework. It describes the balanced scorecard as having four key business perspectives: financial, customer, internal process, and learning and growth. It provides examples of metrics that could be used for each perspective. Companies adopt the balanced scorecard to help with change, growth, and implementation efforts. The balanced scorecard helps align business activities with vision and strategy and provides a comprehensive view of organizational performance.
Balanace score card ppt
- 1. BALANCED SCORE CARD ARVIND REDDY K ABHIROOP VARMA V
- 2. SYNOPSIS • Introduction. • What is Balance Score Card? • Why are companies Adopting Balance score card? • Balance Score Card perspective • Advantages & Disadvantages • Conclusion.
- 5. Balance Score Card • Four key Business Perspectives • Internal & Business process of Organization • Short Run & Long Run
- 6. Why are companies Adopting BSC? • Change. • Growth. • Implementation.
- 7. Financial Perspective Internal Process Perspective Learning & Growth Perspective Customer Perspective Vision & Strategy
- 8. Customers Perspective “Number One in delivering Value to Customers”. Time Quality Service Cost
- 9. Internal process perspective Internal process perspective Process alignment Process bottlenecks Process automation No of activates per function
- 10. Learning & Growth Perspective Learning & Growth perspective Training & learning opportunities Employee Turnover Job satisfaction Is there the correct level of expertise for the job ?
- 11. Financial perspective Financial perspective Financial results (Quat/year) Cash flow Return on investment Return on capital employed
- 12. Advantages Of BSC • It is used to align the business activities to vision and strategy • It improves Internal & External communications • It is used to monitor organizations performance • It provides management with comprehensive picture of operations • It provides strategic feed back • It improves decisions & better solutions
- 13. Disadvantages • It Doesn’t provide Recommendations • It is not fully Efficient • It takes time • It is High Implementation of cost • It can show low profit
- 14. CONCLUSION