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Financial Measure / Budgeting is no Longer Dominant
Osama Kamal, Management Consultant, Egypt, Member
It is interesting to observe that over the last 15 years or so, most big companies have left the idea of controlling their operations solely on the basis of measuring money.
Currently a number of main measures are used, such as:
- Human capital
- Customer and marketing growth,
- Internal processes development i.e. performance development
- Financial / money.
Look for example to the Balanced Scorecard of Kaplan and Norton,... Read more? Sign up for free
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Special Interest Group Leader
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(Beyond) Budgeting
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