The Design Of The Balanced Scorecard And Application To Medicare
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Title: The Design Of The Balanced Scorecard And Application To Medicare

Essay Details:

Subject: History
Author: William Z
Date: June 29, 2017
Level: University
Grade: B
Length: 12 / 3489

Essay text:

For public sectors organizations lacking profit motivations, the questions are 1) can the balanced scorecard be modified and 2) if modified, is the balanced scorecard still a valuable performance assessment tool. Objectives from The Centers for Medicare and Medicaid Services Strategic Action Plan were categorized in the key perspectives of the balances scorecard. The balanced scorecard can be modified, but system must be available to provide real-time feedback. This is critical to successful utilization of the balanced scorecard. With Congress raining on agency programs (and hence budgets), strategic performance measurements concepts such as BSC could go a long way to help agencies assess how well they are allocating resources in support of their mission...

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