Balanced scorecards can improve communication and consensus throughout an organization.

Question

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Balanced scorecards provide a clear and holistic overview of an organization's goals, strategies, and performance measurements, which can promote better communication and alignment among different departments and stakeholders. By using a balanced scorecard framework, organizations can also facilitate meaningful discussions and negotiations around their strategic priorities and trade-offs, thereby fostering greater consensus and buy-in across the organization.

Balanced Scorecards Can Improve Communication and Consensus Throughout an Organization