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The Balanced Scorecard is prescriptive about this range, and about how one perspective defines the drivers for the next. Financial Perspective:The Balanced Scorecard encourages legal departments to identify their specific financial objectives as relates to the financial objectives of the entire organization. Thus, the legal department embraces the organizations financial strategy. As such, the financial objectives serve as the focus for the legal departments objectives and measures of the other three perspectives. puma men shoes
Every measure should be part of a cause-and-effect relationship that culminates in improving long-term sustainable financial performance. The Balanced Scorecard is an illustration of the strategy, starting with the long-term financial objectives of the organization and then linking them to other initiatives such as the operational processes of the legal department and its investment in employees, systems and outside resources that combine to produce the puma shoes women
desired economic performance.
The Organizational Perspective:One of the key drivers for an organizations success, except in a few rare cases, is organizational efficiency and cost effectiveness. As such, how an organization performs from a bottom line point of view is clearly a top priority for management. With that in mind, all organizations have their marquee departments, the ones that deliver the maximum contribution to the specific type of financial measure that matters most to them. All organizations also have their average departments and the departments that cost them lots of money, but that they just cant operate without (many times the legal department, which is seen as a drain on the bottom line). To maximize financial return, it is the operational efficiency and cost effectiveness of the marquee puma shoes men
department that should be addressed.
Departmental measures that reflect the issues that really matter to the organization need to be developed. From these, the key objectives and measures for how the other departments (such as legal) should operate can be established. In this way an even more powerful link can be established between organizational focused objectives and improved financial performance. The Legal Department Perspective:Delivering added organizational satisfaction can be achieved through the operational activities of the legal department. Through the Balanced Scorecard framework organizational focused measures can be supported by measures of the legal management processes that are most critical in meeting the organizations expectations.
The objectives and measures for this perspective thus enable a focus on maintaining and improving the performance of those processes that deliver the objectives established as key to satisfying the organizations financial objectives, which in turn satisfy stakeholders. I know its a silly question. We all have stress. Its source can be positive or negative and it helps us to meet the challenges we face in life. If you balance stress with relaxation you can avoid a myriad of health problems from tension headaches and skin irritations to heart disease and stomach problems. This balance can also help to lessen any health conditions you already have. Throughout time many methods of relaxation have been practiced: acupuncture, prayer, hypnosis, massage (my personal favorite!) and meditation to name a few.
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