A Balanced Scorecard is a tool that allows you to measure the key performance areas of your business against set targets or desired outcomes. This tool can be used to manage your business and/or to manage your employees.
The Balanced Scorecard System allows you to manage your business at all levels. This tool will help you to make educated decisions and forecasts based on the actual performance of your business. When used correctly it will also provide you with adequate warning when things start to go wrong.
New systems, ideas, products or employees can be monitored and tracked through this tool and it provides a holistic view of all the key performance areas of your business.