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Asia Pacific Management Review (2004) 9(3), 557583 Strategic Balance and Performance: A Study of Malaysian Banks Ling Sent Was, Mood Nazi Ismail* and Abdul Rank Ibrahim* (received January 2003; revision
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What is strategic balance and performance?
Strategic balance and performance refers to the assessment of an organization's overall objectives, goals, resources, and actions to ensure alignment and effectiveness in achieving desired outcomes.
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Organizations, businesses, and entities that have strategic plans and need to evaluate their performance against set goals are required to file strategic balance and performance reports.
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To fill out strategic balance and performance, organizations need to analyze their strategic objectives, assess their performance against those objectives, and report the findings in a structured format to stakeholders.
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The purpose of strategic balance and performance is to provide an overview of an organization's progress towards achieving its strategic goals, identify areas for improvement, and make informed decisions to drive success.
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Information such as strategic goals, key performance indicators, progress towards goals, challenges faced, and strategies for improvement must be reported on strategic balance and performance.
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