In 1998 BMW Financial Services, a US provider of BMW vehicle financing, introduced the BSC to link its objectives, initiatives, and metrics to corporate strategy and also to facilitate the communication of company priorities to all staff. The programme was developed to included linkages to the project approval process, budgeting methodology, compensation system, technology initiatives, training programs, and community involvement and charitable contribution efforts. The use of the BSC moved the ...

BPIR Categories

14.1.1 Design & deploy performance measurement system
14.1.6 Communicate and use analysis findings

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