What is the primary purpose of a balanced scorecard?
A.
Providing leadership with an overview of the organization’s culture
B.
Creating departmental objectives that are aligned with the strategic plan objectives
C.
Linking performance improvement initiatives with financial incentives
D.
Translating the vision and strategic objectives into performance measures
The Answer Is:
D
This question includes an explanation.
Explanation:
Comprehensive and Detailed Explanation From Exact Extract:
Within the Organizational Leadership domain, the balanced scorecard is a strategic management tool designed to translate an organization’s mission and vision into measurable objectives and performance indicators across four perspectives: financial, customer, internal process, and learning/growth.
Its primary purpose is to align daily work with strategic goals, measure performance holistically, and support decision-making. Although it also promotes alignment (B), its fundamental design is to convert vision and strategy into actionable measures.