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Balanced Scorecards and Stakeholders

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How are balanced scorecards useful to managers when viewing multiple stakeholders rather than only financial stakeholders?

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Explains how balanced scorecards are useful to managers when viewing multiple stakeholders rather than only financial stakeholders.

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How are balanced scorecards useful to managers when viewing multiple stakeholders rather than only financial stakeholders?

Many organizations develop strategies involving improvement activities and management initiatives - e.g. grow market share in Europe, seeking new distribution channels, extending the product range. These are of value, but are not the end goal as these activities are "pursued by managers in the belief that, when implemented, they will enable ...

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