Saturday, February 22, 2020

Six blind men & Elephant Assignment Example | Topics and Well Written Essays - 250 words

Six blind men & Elephant - Assignment Example It also enables categorization of all the complex information into four simple perspectives: financial, customer, internal and innovation and learning perspective which enables minimization of information overload which is a common thing in modern business. A balanced score card tracks and indicates all the results which have been attained pointing to the high and short scores. This therefore enables the managers put strategies in place rather than exercising control and in the end the success is high and employees and customers are satisfied and happy. With a balanced score card, management of the modern business becomes easier and takes shorter time. The customers, employees and manufacturers are all satisfied by how the balanced score card makes business relations easier than before. Lastly, the financial tracking as well as operations management which have previously proved to be challenging to monitor are simplified and monitored simultaneously ensuring nothing goes wrong (Kaplan and Norton,

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