Chartered Retirement Planning Counselor - CRPC. DEFINITION of 'Chartered Retirement Planning Counselor - CRPC'. A professional designation awarded by the College for Financial Planning to individuals who complete a study program and pass a final multiple-choice examination.
The Balanced Scorecard Model Leaders want their organizations to experience success and longevity while cultivating a climate that drives ethical decision-making. In addition, stakeholders want to feel confident that their organization is operating without causing harm to others and is not engaged in fraud or ethical misconduct.
2.1 The instrument of the Balanced Scorecard (BSC) The BSC can be understood as a management system, which is structured according to the logic of the cybernetic management circle (plan-do-check-act). Kaplan and Norton position the Balanced Scorecard as a tool for organisations to manage the demands of relevant stakeholders and to translate strategies into action (âfrom strategy to actionâ)1. When conceiving the Balanced Scorecard (BSC), Kaplan and Norton, maintained that companies are