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The balanced scorecard requires measures to 'cascade down' an organisation, this means: It is a system that focuses on translating a strategy into financial and
The balanced scorecard requires measures to 'cascade down' an organisation, this means:
- It is a system that focuses on translating a strategy into financial and non-financial measures.
- SPMS requires linking performance measures in cause-and-effect relationships.
- SPMS requires the development of a strategy map first, followed by a balanced scorecard.
- SPMS can be used by non-profit organisations.
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