Discuss the framework of the balanced scorecard

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Assignment:

Today organisations need to look beyond the historical perspective of their traditional reporting systems which were mainly backward and need to incorporate data capture and analysis of non-financial factors. One performance evaluation technique that supports this shift is Kaplan and Norton's balanced scorecard. Discuss the framework of the balanced scorecard, highlighting its importance and compare the balanced scorecard to traditional financial-accounting based performance measurement.

Reference no: EM133209354

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