In this video, you learned that the tipping point is the threshold that needs to be breached in order to usher the change in. This applies to an idea or a practice or any approach - once it crosses the threshold, it spreads like wildfire. In performance management, this translates to elements collated in the image below. A Balanced Scorecard Used to measure and improve internal performance in an organization Managerial Accounting Incorporating decision-based managerial accounting Customer Value Management Strengthening relationship with customers Shareholder Wealth Creation Understanding the aspects that create value for an organization Tipping Points In Performance Management LG