Prior to beginning work on this discussion, please read about the Economic Value Added(Links to an external site.)Links to an external site. (EVA) and the Balanced Scorecard (BSC)(Links to an external site.)Links to an external site. management systems on the website of the consulting firms Stern Value Management and the Palladium Group. The consulting firm Stern Value Management(Links to an external site.)Links to an external site. designed the EVA and the Palladium Group(Links to an external site.)Links to an external site. designed the Balanced Scorecard as breakthrough performance measures to rank ordering processes for investments and help clients create value.

Prepare in an initial post of at least two hundred words a report describing the Balanced Scorecard and the Economic Value Added and their claimed advantages. Then compare these two systems to corporate and divisional performance measurement.