Financial Balanced Scorecard

Question Description

First, select one of the four perspectives of the balanced scorecard model (Financial, Customer, Internal Business Process, or Learning and Growing). With that perspective in mind, discuss its importance within healthcare operations management. Address the following questions as you develop your response: (Please use Financial)

  • Why is your chosen perspective important?
  • What are the strengths of that perspective?
  • What are the limitations of that perspective?
  • Offer an example of how that perspective is applied in healthcare.
  • If it is not managed correctly, how might it impact operations management?
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