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What does a Balanced Scorecard NOT do?

Focus organizations and functions on key strategic activities

Craft responses to goals, and create metrics to assess the effectiveness of these responses.

Reflect employee benefits in the change of workplace conditions.

Help support a clear line of sight from strategic goals to strategic performance.

Provide a concise yet overall picture of an organization's performance.

User Cathe
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Final answer:

A Balanced Scorecard does not reflect employee benefits, provide a concise overall picture of an organization's performance, or craft responses and metrics for assessing effectiveness.

Step-by-step explanation:

A Balanced Scorecard (BSC) is a performance measurement tool used by organizations to track and assess their strategic goals and objectives. It is a comprehensive framework that helps organizations align their strategic activities and create a clear line of sight from goals to performance. However, there are some things that a BSC does not do:

  1. Reflect employee benefits in the change of workplace conditions: The BSC focuses on measuring and assessing performance, but it does not specifically address employee benefits or workplace conditions.
  2. Provide a concise overall picture of an organization's performance: While the BSC provides a comprehensive view of an organization's performance by considering multiple perspectives (financial, customer, internal processes, learning and growth), it may not capture every aspect of performance.
  3. Craft responses to goals and create metrics to assess the effectiveness of these responses: Crafting responses and creating metrics is a crucial part of implementing the BSC, but it is not a function of the BSC itself. The BSC provides the framework for organizations to define their goals and metrics, but the actual responses and metric creation is done by the organization.

User Laxmeena
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