Performance Management: Less Theory, More Practice

“In theory, there is no difference between theory and practice. In practice there is.”- Yogi Berra
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“In theory, there is no difference between theory and practice. In practice there is.”- Yogi Berra

When choosing the right Balanced Scorecard software for an organization, there are a few issues to be considered. Software set-up, design, configuration and technicality are some of the dimensions to be analyzed during the Balanced Scorecard software selection process.
The Balanced Scorecard concept was introduced to the private sector in 1992, as means of measuring organizational performance. To maximize clarity and utility, Robert Kaplan and David Norton proposed using four perspectives: Financial, Customer, Internal Processes and Learning and Growth.

Dr. Robert Kaplan and David Norton’s Balanced Scorecard is a management tool designed for organizations to manage their strategy. The scorecard offers a way to achieve a set series of objectives:

With the release of the courageous Vision for Saudi Arabia 2030, performance management and measurement has become a top priority of the National Transformation Program (NTP) for both public and private organizations.