Implementing the key performance indicators of a balanced scorecard typically includes four processes:
1.The company translates its corporate vision into measurable operational goals that are communicated to employees.
2.These goals are linked to individual performance goals which are assessed on an established periodic basis.
3.Internal processes are established to meet and / or exceed the strategic goals and customer expectations.
4.Finally, Key Performance Indicators are analyzed to evaluate and make recommendations to improve future company performance.
Hope this helps.
1.The company translates its corporate vision into measurable operational goals that are communicated to employees.
2.These goals are linked to individual performance goals which are assessed on an established periodic basis.
3.Internal processes are established to meet and / or exceed the strategic goals and customer expectations.
4.Finally, Key Performance Indicators are analyzed to evaluate and make recommendations to improve future company performance.
Hope this helps.