A balanced scorecard is a measurement tool designed to help employees and departments understand their results and
Question:
A balanced scorecard is a measurement tool designed to help employees and departments understand their results and how those results compare to their goals. When built correctly, the balanced scorecard will identify the impacts of surpassed/satisfied/missed goals and the related repercussions in other parts of the department or the business. You are a manager that believes a balanced scorecard approach is the best way to bring your department in line with goals. You also believe that your employees will view the new tool as too intrusive and might not willingly accept it outright. a five-step plan describing how you would "sell" this new tool to all your employees. A plan that will be embraced by the employees. Think through all the benefits and obstacles to success and your plan that you are sure will help drive performance improvement and possibly exceed expectations. Details are required.
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey