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Article: Features Best Suited to the BSC.
- Article from:
- Financial Executive
- Article date:
- September 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Financial Executives Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Since the Balanced Scorecard emerged, it has been much ballyhooed as an evolutionary step in performance measurement. The question that emerges is how this performance measurement can be linked to an organization's strategic efforts. Of equal importance is the question of how the organizations that employ the BSC regard its usefulness as a tool.
To find answers to these two largely unresearched questions, the FEI Research Foundation commissioned a study intended to identify characteristics of companies that could benefit from employing the measurement, as well as to investigate scorecard practices that provide a competitive advantage. The study had four core ...