Balance Scorecard is a method of measuring the work of the company. The lesson about the Balanced Scorecard may have been discussed while you were in college. However, many people are still misperceptions and can not yet understand the meaning and usage.
Basically, Balance Scorecard (BSC) is a balanced card that is used as a medium to measure the operational activities undertaken by a company. With BSC, the company becomes more aware of the extent to which the movement and development has been achieved. The existence of BSC also helps the company to provide a comprehensive view of the performance of the company.
In order for the company’s performance more effectively and efficiently, it takes an accurate information that represents the work system undertaken. In BSC, there are four types of perspectives to know the size of company performance. What are they?