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Balanced Scorecards

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ALSO CALLED: Information Technology Scorecards, Balanced Scorecard Methodology, Scorecards, IT Scorecards, 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 in 1992, the balanced scorecard methodology is a comprehensive approach that analyzes an organization's  … 

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