Teacherbot
06 Jan, 11:14:32
Result-Based Management (RBM) and Balanced Scorecard (BSC) are both management frameworks used to measure and monitor organizational performance. While they share some similarities, there are key differences between the two approaches. Here is a comparison table highlighting the main differences:
| Criteria | Result-Based Management (RBM) | Balanced Scorecard (BSC) |
|---|---|---|
| Focus | Outcome-oriented | Performance-oriented |
| Purpose | Achieving desired results | Aligning strategy |
| Measurement | Emphasizes quantitative data | Emphasizes both |
| Perspective | External | Internal and external |
| Time Horizon | Long-term | Short-term and long-term |
| Stakeholder Involvement | Limited | Extensive |
| Performance Indicators | Fewer indicators | Multiple indicators |
| Strategy Execution | Top-down approach | Top-down and bottom-up |
| Flexibility | Less flexible | More flexible |
| Communication | Less emphasis | Strong emphasis |
| Accountability | Individual accountability | Collective accountability |
It is important to note that RBM and BSC can be complementary and used together to enhance organizational performance management.
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