The Balanced Scorecard as a strategic management tool

Published: July 30, 2020, midnight

In the latest installment of Letsema Talks, we talk to Carolin Feck (https://letsema.co.za/team/carolin-feck), a Senior Consultant at Letsema, about the Balanced Scorecard, its basic principles, how its weighting accounts for a holistic picture of business performance and why it is a strategic management tool. Our conversation follows the recent article, Balanced Scorecard: An adaptable tool for dynamic, uncertain times (https://letsema.co.za/consulting/supply-chain-management/balanced-scorecard-dynamic-tool-for-uncertain-times/). To find out how Letsema's Next-Gen Operations team can use the Balanced Scorecard to drive strategic change and performance management in your business, email nextgen.operations@letsema.co.za or visit https://letsema.co.za/consulting/nextgenops