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Posts tagged as “Financial Performance”

Implementing The Balanced Scorecard

The Balanced Scorecard (BSC) is a powerful strategic planning and management system that aligns business activities to the vision and strategy of the organization, improves internal and external communications, and monitors organizational performance against strategic goals. Implementation requires a structured, multi-step approach to ensure success.

Economic Value Added (EVA)

Economic Value Added (EVA) is a financial performance metric that measures a company's true economic profit—the value created in excess of the required return of the company's investors.

Open-Book Management

Got it — you’d like an explanation of “Managing Finance by the Open Book”. This usually refers to Open-Book Management (OBM), a financial and organizational approach where companies share financial information with employees to build transparency, accountability, and collective responsibility.

Standard Financial Model

A standard financial model is a spreadsheet-based tool used to forecast a company's financial performance. It's an abstract, numerical representation of a business that helps analysts, investors, and managers make informed decisions.