Adapting the Balanced Scorecard to Fit the Public and Nonprofit Sectors
- Topics:
- Strategic Management Tools
- Tags:
- Balanced Scorecard,
- Human Resources,
- Marketing,
- Marketing Research,
- Performance Management,
- QPR Software,
- Sector,
- Workforce Management
- Source:
- QPR Software
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Overview: To answer the question whether the things they are doing (both in the public and nonprofit sectors) making a difference - is anyone better off as a result of their efforts, executives, managers, and employees alike need to view performance from a broader perspective. They require a system that not only counts the inputs and outputs of the system, but one that provides an opportunity to assess progress in reaching the organization's true mission. This article describes how the Balanced Scorecard has risen to the performance measurement challenge of the private sector and is equally well-equipped to facilitate a rapid and dramatic transition of 21st century nonprofit and public organizations.
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Format: PDF | Size: 99KB | Date: Apr 2003 | Pages: 5
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