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12 Sep Editor's Note: This article was originally published in June Due to popular demand, the article has been updated to include six sample Balanced Scorecard strategy maps. The Balanced Scorecard (BSC), in my humble opinion, is one of the best management reporting frameworks available. 9 Jun Balanced Scorecard Example - A balanced scorecard comprises several elements. When created properly it is not just a scorecard. 12 Oct There are way too many “examples” of the Balanced Scorecard. You can find a 4- sector graphical diagram or a poorly formatted spreadsheet with some KPIs. In these examples you won't find any strategy map, business objectives, or any specific reason how this scorecard is supposed to help you to.
Increasingly, as balanced scorecard (BSC) concepts become more refined, we have had more inquiries asking for examples of organizations that have implemented the BSC, how the BSC applies to a particular business sector, metrics are appropriate for that sector, etc. This section provides a database of working. Learn how to develop and use balanced scorecards with these samples, examples, and templates. 3 Feb Before presenting Balanced Scorecard examples, it is important to understand the context and the concepts behind the management and monitoring tool created by professors Robert S. Kaplan and David Norton in their famous article in the Harvard Business Review entitled “The Balanced Scorecard.
BALANCED SCORECARD EXAMPLE. The following is an example of how one might develop a Balanced Scorecard. The information included is fictional and is provided to simply demonstrate the process. Anytown Hospital has just finished a two-day retreat where they revised and updated their mission and vision. A balanced scorecard (BSC) is a visual tool used to measure the effectiveness of an activity against the strategic plans of a company. Browse examples, read tips, tutorials, and more. Today's managers recognize the impact that measures have on performance. But they rarely think of measurement as an essential part of their strategy. For example, executives may introduce new strategies and innovative operating processes intended to achieve breakthrough performance, then continue to use the same.