Traditional Culture Encyclopedia - Traditional virtues - What is the difference between the balanced scorecard and the traditional evaluation system?
What is the difference between the balanced scorecard and the traditional evaluation system?
First of all, under the traditional mode, more attention is paid to the control of employees' execution process, while the balanced scorecard emphasizes the formulation of goals.
Under the traditional mode, performance evaluation is out of touch with strategy implementation.
The company's strategic objectives are based on four dimensions.
Scorecard is helpful for timely feedback on the implementation of the strategy, timely adjustment of objectives and assessment.
This model can help the company effectively establish cross-departmental teamwork and promote the internal management process.
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