Maximizing Strategic Performance Results: Adopting Balanced Scorecards and BI Tools

Provided by: International Journal of Computer Applications
Topic: Data Management
Format: PDF
Identifying business goals, speed of business changes and on-going changed performance figures are the key issues that organizations face when evaluating their business. Business drivers and indicators should be selectively defined and adopted for the balanced scorecard has been prompted as a framework for managing the organization's performance. The challenge is how to define an integrated measurement framework that effectively identifies the performance strategic measures and links them to the organizations strategies and goals and hence, to present the performance output in an effective manner that enables strategic management to apply corrective actions and initiatives towards improving the performance.

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