Balanced Scorecard (With A Step-by-Step Example) | From A Business Professor

Balanced scorecard, or BSC, is widely considered one of the most effective management tools used globally. companies that use the BSC management system include Apple, Exxon Mobil, Ford Motor, IBM, Pfizer, Wells Fargo Bank, and many others. So, what is the balanced scorecard? How to Develop it? what are its advantages and limitations? In this video, I will discuss these questions with you.

[@keshav4940]

Very underrated video. The concept was beautifully explained. The entirety of such a huge and complex concept was made so simple and easy to understand. Hats off

[@andisuwandi_ch100]

excellent and geat video

[@graciereynoso8526]

I feel that the BSC is great at helping companies with sustainability, efficiency, and maximizing profit. From the financial perspective, ROI is a major way to see if a company should invest in that product or other employer. One other viewpoint of the BSC is the internal processes perspective. In order for a company to get the most out of their machinery and timely tasks, processes such as operating efficiency and quality control are vital for a business.

[@Tradingnoobs]

Great video!!

[@wubye1153]

thanks it is very important lesson

[@tomhangs7748]

Thanks for the explanation, got an exam in business performance evaluation tomorrow wish me luck 😅

[@pesssoabartelt]

Excellent

[@BCPgurkirat]

Good

[@foreverlovegreen8843]

Anyone know how zi can get an exampleof hownto create a scorecard??

[@yashasvisharma7601]

try to explain in every regional language only 20 % useful