How is the balanced scorecard implemented?

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According to the Balanced Scorecard Institute, it consists of multiple steps:
1. Assess the company's organisational structure
2. Identify strategic themes
3. Define perspectives and strategic objectives
4. Develop a strategy map
5. Derive performance metrics
6. Craft and prioritise strategic initiatives
7. Automate and communicate
8. Cascade the balanced scorecard throughout the organisation
9. Collect data, evaluate and revise

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