The balanced scorecard perspectives are insisting on examining different strategies and choosing the most appropriate one. The role of the balanced scorecard as a tool of strategic management and control article pdf available june 2017 with 9,721 reads how we measure reads. Simplify strategic planning and management with the balanced scorecard kindle edition by rohm, howard, wilsey, david, perry, gail stout, montgomery, dan. Scorecard that identifies and measures the hr deliverables needed to make the corporate strategy work. Balanced scorecard topic gateway series essentially, the bsc is a management system that enables an organisation to identify and clarify its vision and strategy, and translate them into action. Metodologia en excel con base matematica y rigor cientifico. The balanced scorecard focuses on factors that create longterm value traditional financial reports look backward reflect only the past. Pdf the role of the balanced scorecard as a tool of. Aug 27, 2017 the balanced scorecard perspectives are insisting on examining different strategies and choosing the most appropriate one. The balanced scorecard has emerged as a proven and effective tool in our quest to capture, describe, and translate intangible assets into real value for all of an organizations stakeholders and, in the process, to allow. The balanced scorecard allows managers to look while giving senior managers information from at the business from four important perspectives. Entrevista a robert kaplan, creador del bsc youtube. For government example balanced scorecard ppt download balanced scorecard for government balanced scorecard pdf ebook balanced scorecard libro pdf iso 50001 balanced scorecard balanced.
In addition, it can help provide information on the chosen strategy more. Balanced scorecard step by step guides readers through the processes required for a successful balanced scorecard project. The balanced scorecard translating strategy into action. The balanced scorecard is a workshop technique for establishing the most useful high level measures by which to monitor your companys units progress and performance against its strategic goals. The strategy must be covered by a welldefined and clear longterm vision that would represent one common organizational goal. Linking people, strategy and performance the hr scorecard. The bsc framework is based on the balance between leading and lagging indicators, which can respectively be thought of as the drivers and outcomes of your company goals. Balanced scorecard bsc is a powerful tool that gives a fast, but comprehensive view of the business including operational measures on customer satisfaction, organizations innovation, activities. The balanced scorecard translates a companys vision and strategy into a coherent set of performance measures. The four perspectives of the scorecard financial measures, customer knowledge, internal business processes, and learning and growthoffer a balance between shortterm and longterm objectives, between outcomes desired and performance drivers of those outcomes, and between hard. The real power of a properly developed balanced scorecard is that it links the performance measures to the organisations strategy.
Download it once and read it on your kindle device, pc, phones or tablets. The four perspectives of the scorecardfinancial measures, customer knowledge, internal business processes, and learning and growthoffer a balance between shortterm and longterm objectives, between outcomes desired and performance drivers of those outcomes, and between hard. Kaplan accounting, harvard and norton, president of renaissance solutions inc. Kaplans most popular book is the balanced scorecard. Esta fue creada por robert kaplan y david norton en 1992. The balanced scorecard bsc is a performance measur ement system which was developed by kaplan and norton in 1992 in order to address the limitations of the use of the traditi onal financial. The book provides an excellent complement to the two kaplan.
My experiences as a balanced scorecard practitioner with a large canadian company taught me that tremendous results are possible with the tool, but to attain. May 03, 2014 the balanced scorecard or balance score card is a strategic performance measurement model which is developed by robert kaplan and david norton. Kaplan has 71 books on goodreads with 35509 ratings. But financial measures tell the story of past events, an. Clients balancedscorecardinpractice balanced scorecard stepi. In addition, he shows how to become a strategyfocused organization by imbedding the balanced scorecard into critical organizational processes. Background, purpose, and position practice themes the balanced scorecard offering thoughts on strategy strategy planning beneficial outcomes measurement sample balanced scorecards bsc training resources references 2104. Next, we move on to the key lessons that the balanced scorecard offers. Kaplan and norton describe the innovation of the balanced scorecard as follows. Practical implications the balanced scorecard is balanced in another dimension not just a balance of measures of essential areas of the business, but also a balance of goals versus. Livro 1997 kaplan e norton estrategia em acao balanced scorecard.
Conceptual foundations of the balanced scorecard 3. The balanced scorecard bsc is a business framework used for tracking and managing an organizations strategy. Escuela politecnica del ejercito estrategia competitiva. The balanced scorecard is a management system or administrative system management system, which goes beyond the financial perspective with which managers usually evaluate the. Its a great team building activity, process management tool and, when you do it properly, you end up with an action plan thats fully. What follows, provides guidance and advice on the development and implementation of a balanced scorecard for those organisations considering the introduction of a. Its objective is to translate an organizations mission and vision into actual operational actions strategic planning. Balanced scorecard stepbystep volta river authority. The balanced scorecard or balance score card is a strategic performance measurement model which is developed by robert kaplan and david norton. Livro 1997 kaplan e norton estrategia em acao balanced. Balanced scorecard, might conjure up an initial impression of a table of measurements or key performance indicators, it is in fact a process comprising of a number of carefully interlinked steps. The balanced scorecard retains traditional financial measures.
515 1463 1375 1279 1355 313 373 1272 243 321 1463 1009 702 31 102 34 553 1187 1014 965 40 1479 673 1286 396 994 1048 997 175 448 1109 759 1189 1406 500 1371 393