Targets, Resource Allocation, Initiatives, and Budgets
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- Synopsis
- Managers should use their Balanced Scorecard to implement an integrated strategy and budgeting process. The business must align its financial and physical resources to the strategy. This chapter introduces a four-step process for using the Balanced Scorecard to integrate long-range strategic planning and operational budgeting processes, including instruction on the importance of setting stretch targets and identifying critical cross-business initiatives. This chapter was originally published as chapter 10 of "The Balanced Scorecard: Translating Strategy into Action."
- Copyright:
- 1996
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9781422116623
- Publisher:
- Harvard Business Publishing
- Date of Addition:
- 07/31/16
- Copyrighted By:
- HBS Press
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.