Glossary   >  Balanced Scorecard

Balanced Scorecard

A balanced scorecard is a management system of measuring organizational strategies with performance objectives. The BSC approach broadly measures performance under 4 perspectives.

  • Finance
  • Customer
  • Internal process
  • Learning & growth

The best way to define objectives is to align the BSC with the organization’s objectives and enable all the departments to define their objectives with reference to it.

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