What are the goals of incorporating the balanced scorecard a

What are the goals of incorporating the balanced scorecard as a key assessment metric?

Solution

GOAL 1: It should help Improve employees\' perception of the value & importance of measuring performance.

GOAL 2: It should hlep lift the skill level of employees in selecting meaningful measures & then using these measures to support their decisions.

GOAL 3:It should be able to help managers to reduce cycle time of implementing new performance measures, from selection to using them.

GOAL 4: Increase the proportion of strategic & operational business related objectives that have identified meaningful measures.