Question: What is a potential downfall of implementing balanced scorecards into your business? It is a structured way to help the leaders of your organization ensure

What is a potential downfall of implementing balanced scorecards into your business?
It is a structured way to help the leaders of your organization ensure that all areas of the organization are covered in an easy-to-understand way.
It can link your critical objectives to the objectives of a parent company or enterprise.
Scorecards give employees clear goals to keep in mind while working on measures.
Companies think of the scorecard as a new measurement system that requires hundreds and thousands of measurements and new information systems.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!