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Difference between revisions of "Balanced Scorecard"

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[http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010]
 
[http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010]
 
== How To Speak More Wisely ==
 
 
It had been three weeks since my throat started to feel sore, and it wasnt getting better. The pain was most acute when I spoke. So I decided to spend a few days speaking as little as possible. Every time I had the urge to say something, I paused for a moment to question whether it was worth irritating my throat.
 
 
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== Little Things You Can Do to Make the World a Lot Nicer ==
 
 
A few years ago, Debbie Tenzer was feeling overwhelmed by all the crises in the news. But rather than give in to despair, she thought, Maybe I cant solve our big problems, but I know I can do something.
 
 
[[http://goodvillenews.com/Little-Things-You-Can-Do-to-Make-the-World-a-Lot-Nicer-PxxL5F.html Little Things You Can Do to Make the World a Lot Nicer]]
 
 
[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
 
 
== Dalai Lama Awarded 2012 Templeton Prize ==
 
 
The Dalai Lama, the Tibetan Buddhist spiritual leader whose long-standing engagement with multiple dimensions of science and with people far beyond his own religious traditions has made him an incomparable global voice for universal ethics, nonviolence, and harmony among world religions, has won the 2012 Templeton Prize.
 
 
[[http://goodvillenews.com/Dalai-Lama-Awarded-2012-Templeton-Prize-UttyfI.html Dalai Lama Awarded 2012 Templeton Prize]]
 
 
[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
 
 
== The Art of Motivating Employees ==
 
 
Could a simple five-minute interaction with another person dramatically increase your weekly productivity?In some employment environments, the answer is yes, according to Wharton management professor Adam Grant. Grant has devoted significant chunks of his professional career to examining what motivates workers in settings that range from call centers and mail-order pharmacies to swimming pool lifeguard squads.
 
 
[[http://goodvillenews.com/The-Art-of-Motivating-Employees-oTveQ5.html The Art of Motivating Employees]]
 
 
[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
 
 
== Use Your Talents Give More Receive More ==
 
 
When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left, and could say, I used everything you gave me.Erma Bombeck
 
 
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[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
 

Latest revision as of 10:53, 4 June 2020

IGC-DEFINITION (abbreviated)

Balanced Scorecard / Balanced Scorecard
As the term implies, the Balanced Scorecard should allow a balanced control with the help of ratios or indicators and thus should be integrated in reporting. Traditional reporting systems focus almost exclusively on financial and profit ratios – while the Balanced Scorecard also takes non-financial elements (e.g. ‘Number of new customers acquired’) into account when evaluating results. Special attention is given to the relative importance of the different ratios or indicators as the Balanced Scorecard does not only concentrate on the ratio figures themselves, but mainly focuses on management’s realisation of the objectives according to the organization’s formulated strategies.

In its classic form, the Balanced Scorecard is built with four perspectives of control in mind:

  • Financial and value perspective
  • Market and customer perspective
  • Process perspective
  • Knowledge and innovation perspective.

from: IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)

Source

IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010

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