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Financial Perspective Balanced Scorecard: hurts you?

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Companies have placed disproportionate emphasis on the financial perspective at the expense of the other three perspectives give an example.

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Solution Summary

Your tutorial is 290 words and gives you an understanding of why the financial perspective has been emphasized and three ideas about how this may hurt a firm.

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Companies have placed disproportionate emphasis on the financial perspective at the expense of the other three perspectives give an example.
Firms are more practiced at looking at financial feedback, however, this feedback is always "lagging." That is, it is an outcome measure but not a leading indicator or causal measure. The other three perspectives have the ability to indicate the REASON the outcomes were reached. Measuring the ...

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Carol Sargent, PhD
Education
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
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