Promoting Democracy in Algeria

Balanced Scorecard Software

The realization of the strategy of a company is carried out with the use of such line design such as the balanced scorecard (BSC). In the last decade it was any other conception so attention given such as the balanced scorecard. The biggest companies use around the world and introduce the present conception. And it is not strange. Such a tool such as the balanced scorecard is a serious instrument of management, which define the strategy of the company and with the help of the performance measurement system measure the level of achievement. Should be seen the balanced scorecard as a tool of the strategy of the acts for the purpose of making known to her by all employees of the company i.e.

like an instrument of distribution of the information. The well thought-through performance measurement system describes the strategy the company significantly. Informing all employees of the company about the results of the performance measurement system allows the employees discuss the assumptions and assess which strategies were used, the results reflect and If necessary, discuss the necessary changes. Understanding the strategy of a company by the employees opens many hidden opportunities of society, because with the help of the given instrument the workers for the first time to know what objectives of the company and how the employees for the achievement of the planned objectives can contribute. The present conception can determine the priorities of its activity the managers of different levels of the hierarchy, and save the time. Every working day but many managers of different levels consume a lot of time for the data acquisition, processing and measurement of the results of the activity. The amount of this information is huge. Must you consume such an amount of time and energy to work with such quantity of the data? How can such amount of information processing the company achieve the goal? This work is considered lost effort? Just these issues, as well as the ageing of the system of assessing the activity of a company on the basis of the Financials have forced the companies to think about the necessity of the new approach in the system of assessment.

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