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Use the internet to read the following articles: 1. Norton's 2008 article Strategy Executive Needs a System. https://hbr.org/2008/08/strategy-execution-needs-a-sys 2. Balanced Scorecard Institute's 2011 article, Balanced
Use the internet to read the following articles: 1. Norton's 2008 article \"Strategy Executive Needs a System.\" https://hbr.org/2008/08/strategy-execution-needs-a-sys 2. Balanced Scorecard Institute's 2011 article, \"Balanced Scorecard Basics.\" http://www.balancedscorecard.org/BSCResources/AbouttheBalancedScorecard/tabid/ 55/Default.aspx Scorecard Analysis INSTRUCTIONS Please read the above articles on balanced scorecards, as introduced in 1992 by Kaplan and Norton, and updated with lessons learned found in Norton's article. Then, in the assignment, comment on the following: Describe the initial framework for balanced scorecards as introduced by Kaplan and Norton's 1992 work, "The Balanced Scorecard: Measures that Drive Performance." Describe the overall purpose for using a scorecard, discuss the Kaplan and Norton (1996) figure that includes four key elements, how they relate to one another, and so forth. Describe what is meant by the term balanced scorecard. Please provide paraphrasing or a quote accompanied by an APA-formatted reference from peer-reviewed literature. After reading the articles, and reviewing Norton's article, "Strategy Execution Needs a System," what is one new insight that you have gleaned about balanced scorecards? Possible areas of insight may include: how balanced scorecards are used, their limitations, their positive potential for an organization, and so forth. Please answer in an outline format and include at least one APA-formatted reference to an outside peer-reviewed reference to support your insights portion of the response. http://www.balancedscorecard.org/BSCResources/AbouttheBalancedScorecard/tabid/55/Default.aspx
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