The consulting firm Stern Value Management designed the EVA and the Palladium Group designed the Balanced Scorecard as breakthrough performance measures to rank ordering processes for investments and help clients create value.

Question:

Describe the Balanced Scorecard and the Economic Value Added and their claimed advantages. Then compare these two systems to corporate and divisional performance measurement.

Links: https://corporatefinanceinstitute.com/

https://balancedscorecard.org/