A strategic planning and management system used to translate and align business activities to the vision statement of a business after review of the company's financial processes, customer processes, internal processes, and innovation/growth processes is referred to as a:

Question

Valeria Dorsey

Business

16 August, 20:40

A strategic planning and management system used to translate and align business activities to the vision statement of a business after review of the company's financial processes, customer processes, internal processes, and innovation/growth processes is referred to as a:

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Alyson Terrell · Answer 1

A strategic planning and management system used to translate and align business activities to the vision statement of a business after review of the company's financial processes, customer processes, internal processes, and innovation/growth processes is referred to as a: Balanced scorecard

Explanation:

The Balanced Scorecard is a unique administration tool that guarantees you oughta holistic and equitable strategy as fine as a means to track execution over time to evaluate if intentions are implying satisfied. The idea of the balanced scorecard has grown behind the simplistic application of views and it is presently a holistic method for executing strategy.

BSCs are adopted widely in industry and enterprise, government, and nonprofit organizations globally. It's necessary to develop the Balanced Scorecard policies into your strategy for the most dependable results.