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The Balanced Scorecard is a management system that enables organizations to clarify their vision and strategy and translate them into action developed by Kaplan and Norton in 1992. It provides an organization with a feedback mechanism of both the internal business processes and external outcomes, which allows for continuous improvement of strategic performance and results.
Create Balanced Scorecards online. Visual Paradigm Online features an online Balanced Scorecards editor and a large variety of technical and business diagram templates. It also supports remote working, online meeting and online workshop with a rich collection of real-time collaboration facilities.
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