It is often signed and delivered by the borrower or the borrower's guarantor, or both. A bad boy guaranty can be drafted to either: Cause the borrower or guarantor, or both, to be personally liable for damages to the lender.Convert an otherwise non-recourse loan into a full-recourse loan as against the borrower or guarantor, or both.Actions that can trigger a bad boy guaranty include: Fraud.t is often signed and delivered by the borrower or the borrower's guarantor, or both. A bad boy guaranty can be drafted to either: Cause the borrower or guarantor, or both, to be personally liable for damages to the lender.
Definition of the Balanced Scorecard (BSC) The Balanced scorecard is a management tool that allows to monitor the indicators, the fulfilment of the strategy developed by the direction, at the same time it helps you to take fast decisions and guess the right to reach objectives.
What you measure is what you get: the measures you use strongly affect the behavior of your managers and employees. When building a balanced scorecard, tailor the measures to fit your companyâs particular challenges. That way, youâll be more likely to get the performance you need to succeed. 1. Customer perspective. Todayâs typical corporate mission says something general about customers. The balanced scorecard requires specific measures of what customers getâin terms of time, quality, performance and service, and cost. 2. Internal business perspective. Focus on the core competencies, processes, decisions, and actions that have the greatest impact on customer satisfaction. ECI developed operational measures for submicron technology capability, manufacturing excellence, design productivity, and new product introduction.