write a response to this discussion post: The balanced scorecard (BSC) is a useful tool to analyze your organization and its strategy impact. The strategy components include communication and alignment, prioritization and focus, performance measurement and feedback, and strategy mapping. The BSC looks at financials, customers, the internal process, and organizational capacity. (Balanced Score Institute, 2023b) Balanced Scorecard Pros and Cons PRO'S CONS Strategy Structure: Helps create easy to understand structures. Sometimes framework is overwhelming: An abundance of literature can cause confusing and frustration. Easily communicate your strategy: Clear view of what needs to be done. Inability to copy examples exactly: Uniqueness to each organization makes it so you cannot imitate, so new ones have to be created each time. Department & division alignment: Link objectives, especially with multiple divisions. Need a strong leader for success: Need leaders with great knowledge of what the BSC is and how and when to use it. Relationship between organizational strategy and individual goals: Organizational wide goals centralized Challenging governance: Not everyone is familiar with using applications that keep track of BSC, and tend to blame the BSC, not what they are using to utilize this tool. Focused strategy of reporting process: Regular meetings