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Balanced Scorecards

ALSO CALLED: Information Technology Scorecards, Balanced Scorecard Methodology, Scorecards, IT Scorecards, and Information Management Scorecards
DEFINITION: Balanced scorecard methodology is an analysis technique designed to translate an organization's mission statement and overall business strategy into specific, quantifiable goals and to monitor the organization's performance in terms of achieving these goals. Developed by Robert Kaplan and David Norton  … 
Definition continues below.


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Spelling "Value" from the Alphabet Soup of Quality Frameworks: Manage IT from a Business Perspective
sponsored by CompuCom Systems, Inc.
WHITE PAPER: For the past decade, business executives have had two ongoing IT issues that they have been consistently concerned with: how to better align IT to the overall business strategy and getting more business value from IT investments.
Posted: 26 Jun 2008 | Published: 01 Apr 2008
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Building a Data Quality Scorecard for Operational Data Governance
sponsored by DataFlux Corporation
WHITE PAPER: Operational data governance is the process of evaluating data to see if data effectively satisfies the organization's business needs. This is measured with a "data quality scorecard", a management tool for monitoring organizational performance.
Posted: 10 Jun 2008 | Published: 06 Jun 2008
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Pay-for-Performance: A Practical Guide to Merit-Based Compensation Planning
sponsored by Plateau System LTD.
WHITE PAPER: In this white paper, organizations can use even static salary budgets to drive greater shareholder value and employee satisfaction.
Posted: 18 Apr 2008 | Published: 01 Apr 2008
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Achieving Greater Predictive Analytics with Scorecards
sponsored by Fair Isaac Corp.
WHITE PAPER: This white paper highlights the benefits associated with a comprehensive scorecard development platform. Learn how to create highly predictive scorecards without sacrificing operational constraints.
Posted: 04 Mar 2008 | Published: 04 Mar 2008
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BALANCED SCORECARDS DEFINITION (continued): …  in 1992, the balanced scorecard methodology is a comprehensive approach that analyzes an organization's overall performance in four ways, based on the idea that assessing performance through financial returns only provides information about how well the organization did prior to the assessment, so that future performance can be predicted and proper actions taken to create the desired future.

The methodology examines performance in four areas: financial analysis, the most traditionally used performance … 
Balanced Scorecards definition sponsored by SearchCIO.com, powered by WhatIs.com an online computer dictionary



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