Balance ScoreCard

... APPLYING THE BALANCE SCORE CARD ON TITLAS VENTURES LIMITED NAME: FADERERA ADENIYI STUDENT NUMBER: 2500660 Report Submitted as a part of Assessment for the unit Office systems Year 3 BSc (Hons) Business Information Technology Faculty of Business, Computing and Information Management London South Bank University Lecturer: Mike Scott Submission Date: 14th April 2008 EXECUTIVE SUMMARY Initially the balanced scorecard was designed as a measurement device, nowadays it has become a strategic management system that enables business to clarify their vision and strategy by measuring and following up and them translates them into strategic actions across the businesses. It is an extensively recognized as an important management tool and concept for businesses as it provides managers with a management methodology to help bridge the gap between strategic objectives and their operational activates. It also provides feedback around both the internal businesses and external outcomes in order to continuously improve strategic performance. When integrated fully, the balance scorecard transforms the businesses' strategic planning

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