What is the purpose of a balanced scorecard? How is the balanced scorecard used to lead and manage an organization?


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Learning Goal: I’m working on a health & medical question and need an explanation and answer to help me learn.What is the purpose of a balanced scorecard? How is the balanced scorecard used to lead and manage an organization? How can the balanced scorecard be linked to organizational effectiveness as well as individual performance evaluation?Essentials of Health Care FinanceCleverley, W. O., & Cleverley, J. O. (2018). Essentials of health care finance (8th ed.). Burlington, MA: Jones & Bartlett Learning. ISBN-13: 9781284094633
Requirements: 200 words

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