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Title LINKING PEOPLE PERFORMANCE TO STRATEGY EXECUTION (BALANCED SCORECARD APPROACH)
URL https://www.datalabsindia.com/blog/linking-people-performance-to-strategy-execution-balanced-scorecard-approach/
Category Business --> Business Services
Meta Keywords fleet management system
Meta Description People's Performance is one of the core contributors to the overall success of any organization. How should it be linked to Strategy Execution in a Balanced Scorecard approach
Owner DATALABS
Description
people’s performance to the strategy makes the strategy execution process more complete. Personal Balanced Scorecard translated your long-term ambition and values into short-term manageable, measurable, and concrete actions in a balanced way. The personal scorecards are aligned with a balanced scorecard to ensure organizational alignment. It entails the related personal objectives, measures, targets, and performance. A personal Scorecard has two main components, one is personal objectives and another component is a set of competencies. Personal Objectives are linked back to the strategy and a set of competencies that allow the individual to better accomplish their objectives.