The Balanced Scorecard (BSC) is an important business performance management tool that provides a framework to implement and manage strategy. It links a vision to strategic objectives, measures, targets, and initiatives. It balances financial measures with performance measures and objectives related to all other parts of the organization.
The four perspectives of a traditional BSC are (1) Financial
(2) Internal
(3) Customer
(4) Innovation and Learning
Explain in detail these four perspectives and provide illustrative example(s) (measures) to support your answer.
(((Also, explain in detail the relationship between these perspectives and provide illustrative examples.)))
