Cattaraugus County Rehabilitation Center - Implementation Of Balance Scorecard

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Cattaraugus County ReHabilitation Center - Implementation of Balance Scorecard



Cattaraugus County ReHabilitation Center - Implementation of Balance Scorecard

Introduction

“Cattaraugus County ReHabilitation Center did an effective job of implementing a balanced scorecard approach in a fashion that reflects their organizational mission and vision”.

Controls are extremely needed in any business activity or personal. Defining and monitoring parameters can continually assess business performance and to correct deviations from the original plan to achieve the planned objectives. For public companies and publicly traded disclosure of parameters accepted by the market is essential for citizens and shareholders follow the business development and performance of the organization's leadership. To ensure metrics accepted by the market various standards organizations have developed parameters to control and certify companies that demonstrate that they have an efficient control of its operations. Following the financial scandals of Enron and WorldCom in the United States is clear the need for controls and transparency of information.

The controls should not serve as a justification for the lack of creativity and innovation in companies. Directors and managers to justify their poor performance due to existing controls should do a self-assessment and streamline procedures and controls for the execution of operational tasks, leaving more time for planning activities and people management. As a strategic management tool, the BSC used by Cattaraugus County ReHabilitation Center had helped in developing the core management functions which in overall help in developing the alignment and strategic fit between each other over the long run and short run. The alignment of the organization is the core objective of BSC which has been achieved by Cattaraugus County ReHabilitation Center. Cattaraugus County ReHabilitation Center had effectively implemented the strategy and was able to clearly transformed the strategy into objectives, and secondly, they were able to connect to strategy management systems due (scorecards). The result ...