Managerial Accounting - Balanced Scorecard development

Analytical phase

Since you already know what the mission and vision of your company are and you understand the term strategy, now you should observe how well are you prepared for achieving your vision. This is called the analytical phase and you need to do (and get the information and comprehend the message) several of them. You need to observe your company and its surroundings, both micro and macro. 


Watch the following videos to understand




So now you understand SWOT,