Bsc - Balance Score Card

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** What gets measured gets Managed evaluation - focuses on why - answers a well designs evaluation question- uses multiple regression Logic Model: Should be able to read left to right Outputs: Outcomes: ultimate change that you want to see accomplished He cares less on interchanging the boxes. Week 2 Balance Score Card: There are many tools which are used to determine the strategic goals and objectives. Balance score card is one of them and it has a success lineage for formalizing the organization’s goals into various numbers of critical success factors supported by the key performance indicators. It is the tool which determines the performance in order to align the business activities with the strategic objectives and goals. Alignments of these goals result in achieving the organization’s mission. The original balance score card defines the four key aspects of the business. Are business processes aligned with the company’s vision and mission? In order to define this question the following four components are used. What must a company excel at? What value addition our customers expect from us? How much value a company generates for its shareholders? How a company can improve and innovate? For further elaboration following elements are used in the balanced scorecard: Financial Perspective Internal Processes Learning and Growth Customer Perspective Strategy Map for Ashton Graduate School: The strategy map specifically provides the information about the strategic direction towards the objectives that are more significant for all the employees of the company to act on it accordingly. Strategic mapping of the Ashton Graduate School starts with the financial perspective of the balanced score card; after the financial perspective, customer perspective, internal perspective, and learning as well as growth perspective will be mapped

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