The private sector refers to the part of the economy that is owned, operated, and controlled by private individuals or entities for the purpose of making a profit.
The public sector, on the other hand, refers to the part of the economy that is owned and operated by the government or state. Its primary purpose is to provide public goods and services to citizens.
Non-Governmental Organizations, are independent non-profit organizations that operate outside of government control. They focus on addressing social, environmental, or humanitarian issues and aim to make a positive impact on society.
Manufacturing Industry- BSC enables performance measurement, operational improvement, and strategic alignment to optimize manufacturing processes and achieve organizational goals.
Healthcare Industry- BSC ensures measurement of patient care, outcomes, and financial management, enabling healthcare organizations to deliver quality care while maintaining financial sustainability.
Financial Industry- BSC aids in risk management, customer satisfaction, and financial performance measurement, helping financial institutions maintain compliance, build customer loyalty, and drive profitability.
Retail Industry- BSC supports customer experience enhancement, sales growth, and efficient inventory management, allowing retailers to deliver exceptional service, drive revenue, and optimize inventory.
Information Technology Industry- BSC facilitates project delivery, innovation, and financial performance measurement, helping IT companies deliver projects on time, foster innovation, and achieve financial success.
Service Industry- BSC Enables services organizations to focus on customers satisfaction, improve service quality, enhance operational efficiency, drive financial performance and foster culture of continuous improvement.