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Approximately 80% of strategies fail, not because they aren’t good strategies, but because they aren’t executed properly. The balanced scorecard seeks to ensure the proper execution of strategy and to balance an organization’s current performance against the long-term health of the organization. It offers a strategic view of the organization, a process for managing the organization strategically instead of tactically, and a common terminology for discussing strategic issues and communicating strategy to the entire organization. The program will show what is involved in implementing a balanced scorecard in an organization.
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