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Stakeholder Focused Performance Management
5/8/2006 2:42:09 AM
(Total replies: 1)
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| New approach to strategy.
Over the past 10-15 years the Balanced Scorecard has played an increasing role in strategy performance management, but still does not effectively tie strategy and action together.
Furthermore weaknesses of the approach include lack of inclusion of all stakeholders. Stakeholders all have an impact on the firm, so management needs to take their expectations into account when developing strategy, as well as their contributions.(Stakeholder contributions may be ... |
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