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Balanced Performance Measures: Tracking the Pathway to High Performance
Traditional business performance measures, such as return on assets or earnings per share, reflect a company's overall financial results in a given period. While useful, they offer little insight into why or how the organisation achieved any particular result, and they provide little guidance as to where or how to make improvements. To better assess the various factors contributing to overall performance, management needs additional "in process" measures.
1 min read
Balanced Performance Measures: Tracking the Pathway to High Performance
Traditional business performance measures, such as return on assets or earnings per share, reflect a company's overall financial results in a given period. While useful, they offer little insight into why or how the organisation achieved any particular result, and they provide little guidance as to where or how to make improvements. To better assess the various factors contributing to overall performance, management needs additional "in process" measures.
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