BALANCED SCORECARD EXAMPLE The following is an example of how one might develop a Balanced Scorecard. The Balanced Scorecard is the closest management tool to a crystal ball as you will find. Although these all differ in format and details, they serve to illustrate the visual effectiveness of the balanced scorecard approach to strategic management. As you can see, the financial perspective drives this scorecard, which keeps costs in line with the company’s needs. A Balanced Scorecard (BSC) can be used to measure performance by analyzing the 4 key perspective areas. The examples of Balanced Scorecards presented are entirely hypothetical and rather schematic. The full version of the scorecard includes 17 Key Performance Indicators: The example of the balanced scorecard and its indicators in the BSC Designer Light.

Balanced Scorecard als Managementsystem: Nach Kaplan und Norton stellt die Balanced Scorecard aber nicht nur ein neues Kennzahlensystem dar; als Managementsystem soll sie vielmehr das Bindeglied zwischen der Entwicklung einer Strategie und ihrer Umsetzung sein. Balanced Scorecard Definition of Balanced Scorecard by Robert S. Kaplan and David P. Norton (1997a: 7) is a method of assessment which includes four perspectives to measure the performance of the company, the financial perspective, customer perspective, internal business process perspective and learning and growth perspective.

Since 1992, balanced scorecards have played an important role in the business philosophy of many companies. Browse balanced scorecard templates and examples you can make with SmartDraw. Below we offer links to some files and publications that will show you what the documents and results of balanced scorecards look like. As a whole, the BSC combines both

Four major aspects that balanced scorecards often measure are finances, customer satisfaction, business processes, and training goals. Since it comes in Excel format, it can be edited and customised easily. 8 Real-Life Balanced Scorecard Examples 1. Ready-to-use Balanced Scorecard templates with examples of KPIs for different business domains. The example below shows how the Leadership Balanced Scorecard looks like in BSC Designer Light. 1. 2. Graphical templates for presentation slides. … A Balanced Scorecard approach is to take a holistic view of an organization and co-ordinate MDIs so that efficiencies are experienced by all departments and in a joined-up fashion.

The concept was first introduced by the Harvard Business Review, which coined the phrase “balanced scorecard” as a set of BI (Business Intelligence) data points used to make, measure, and meet goals.Successful balanced scorecards are specific.