Balanced Scorecard Step-by-Step:
Maximizing Performance and Maintaining Results
2nd Edition
By Paul R. Niven
Balanced scorecard methodology is an analysis technique designed to translate an organization's mission statement and overall business strategy into specific, quantifiable goals and to monitor the organization's performance in terms of achieving these goals.
Balanced scorecard is a methodology successfully employed by organizations worldwide with substantial benefits. The author’s 2nd Edition covers the entire experience starting with a familiarization with performance measurement as well as a background on Scorecard principles. There is a walk through of the process from the core elements of mission, value and strategy, coverage of tools such as strategy maps, and techniques for evaluating performance management software packages. If your organization is looking at implementing a performance management strategy then this book should be on your radar. Internal auditors looking to understand the methodology should have all the resources necessary at their disposal. This book can answer the questions as well as provide the foundation for adopting balanced scorecard.
