Target: Specified objective for what is to be achieved.
Balanced Scorecard (BSC)
A management tool for tracking progress toward strategic goals
across four perspectives:
1. Financial: Profitability and cost management.
2. Customer: Customer satisfaction and retention.
3. Internal Processes: Efficiency of operations.
4. Learning and Growth: Employee development and
innovation.
Summary
Results-based management and effective monitoring and evaluation are
essential for successful strategy execution. The use of frameworks like the Logframe Matrix and tools such as the Balanced Scorecard facilitate clear goal-setting, measurement, and continuous improvement
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