My assignment is dealing with the Balance scoreboard I need
My assignment is dealing with the Balance scoreboard. I need help. I have to compare and contrast the traditional BSC and how Heathrow Terminal 5 project implemented the BSC and how it was flexible.
Solution
balanced score card method is a management tool and a predetermined structured report which uses to measure the financial performance of a firm. it considers all the levels of the organisation, the people who involves in it and how they minimize the total cost and created better benefits to the firm.
it helps to increase the organisational eficiency and capacity, internal process like minimum inventory time, immediate delivery to the customer and decrease the total cost of the firm. while if the total cost is minimized, then the profits are going to be implemented.
to link this concept to Heathrow Terminal 5 project i need the case, you havent provided it. sorry.
