What is the BSC looking for?
The BSC fundamentally seeks to complement the indicators traditionally used to evaluate the performance of companies, combining financial and non-financial indicators, thus achieving a balance between the organization's day-to-day performance and the construction of a promising future, thus fulfilling the organizational mission.
balanced-scorecard-balanced-scorecardWhy balanced?
LEARNING:
Can we improve and create value?
WHAT IS THE IDEAL NUMBER OF INDICATORS?
The ideal number of indicators is achieved with a reasonable time of evaluation of the selected indicators, but it is not healthy to have too few or too many.
You can have "infinite" indicators in the organization, whether strategic or process, you must find which of them contribute to the processes and the organization to focus resources.
INTEGRATED CONTROL PANEL: COMPONENTS
FREQUENCY OF MEASUREMENT:
Established time periods for data collection related to the measurement of the process and its objectives.
FREQUENCY OF ANALYSIS
Period of time established by the Senior Management to evaluate the results obtained from the measurement of the objectives and take actions regarding said achievements.
GOAL:
Numerical reference against which the objective measurement result is compared and its achievement is established.
It should not "be" given as a specific value. The value of the goal must be given as greater or less than…
