Sambhaji Satpute’s Post

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Founder Director & Business Coach Specialist in Process, Product & Strategy Development | Quality Management | Problem Solving | Core competency in Lean, TPM, WCM, Six Sigma | Unlocking Potential | Inspiring Performance

A Balanced Scorecard... Measures the progress of an organization toward its strategic goals by translating their vision and objectives into tactics & measures across a balanced set of perspectives. Captures the expectations of customers and measures the company's ability to meet them. Translates Strategy, Mission and Vision into tangible measures for use by decision makers through to line workers. Is the culmination of a sophisticated data gathering & analysis process and system Can and will drive the process of change, so it must be right! Components of the Balanced Scorecard Perspectives: Four top-down perspectives on enterprise performance (Financial, Customer, Internal Business Process, & Growth and Innovation Learning) Objectives: What the company needs to do to accomplish its strategy; one guideline is to have up to sixteen measurable objectives. Actionable and tangible measurements which support achieving objectives; this is what makes it real. Targets: Performance level expectations set against the strategic plan. For each metric, set a goal or plan so progress against the objective can be evaluated. © *If you want to know more contact* Sambhaji Satpute, Director & Business Coach. SMOT® India Tech Solutions Pune. & SMRG- Pan India Team [email protected]

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