Value Analysis 101 Value Analysis Balanced Scorecard Can Up Your VA Performance Robert T. Yokl, President/CEO, SVAH Solutions
The Only Way to Get Better is Through Measurement A Value Analysis Balanced Scorecard is a tool used to measure financial, customer, processes, and learning and growth data by value analysis leaders to improve their value analysis teams’ results. It was developed by Robert S. Kaplin and Dave P. Norton to give a balanced view of what should be important to managers financially and operationally. “The Balanced Scorecard allows managers to look at (their operations) from four important perspectives (see the exhibit).” Just as important, the Balanced Scorecard links performance to measurement. Lastly, “The Balanced Scorecard forces managers to focus on the handful of measures that are most critical,” organized in a single concise report. Just as important, it provides answers to the most important value analysis questions that need to be answered.
Provides Answers To Most Important Questions If the Balanced Scorecard is designed properly, it will give you answers to the questions you require to succeed in your profession such as:
Volume 10/Issue 1
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