What is the Balanced Scorecard?
An Approach to Internal Analysis that takes into account the success of a business from 4 different perspectives
What perspectives are included in the balanced scorecard approach?
Financial
Customer
Internal Business
Innovation & Learning
What is the customer perspective concerned with?
What do new and existing customers value from us?
What is the internal business perspective concerned with?
What internal processes do we need to excel at to achieve our financial and customer objectives?
What is the innovation & learning perspective concerned with?
Can we continue to improve and create future value?