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Forums › ACCA Forums › ACCA APM Advanced Performance Management Forums › Balance ScoreCard Drawback
Being new to p5 way of thinking , can you guide whether i am right to think that a balanced score card being used as performance measurement tool would not be enough if the measures are not implemented in PERFORMANCE APPRAISALS of staff?
Hi,
One of the tutors will probably give an authoritative response.
But for now this is what I can say as your fellow student:
The point you are raising is about the possible problems of implementation of the balanced scorecard. In the exam it will say what problems could be encountered in the implementation of the balanced scorecard. Then the issue of cascading the objectives downwards through setting KPIs for individuals would come in. However, it can also be relevant in a question which deals with performance appraisals, albeit a small portion.
Any takers?
Thanks