And even when you have a solid strategy, trying to measure your success can be even more complicated. Example balanced scorecard for performance measurement. The balanced scorecard powerpoint final slideshare. By the end of this article, youll be a balanced scorecard expert. The scores can also be treated relatively, so that the user can rank them according to the order of priority for which they are to be dealt with. How well is the firm sustaining and even improving upon its core competencies. What follows, provides guidance and advice on the development and implementation of a balanced scorecard for those organisations considering the introduction of a. Balanced scorecard templates download readytouse visually. Without outcome measures such as profitability, market share, or customer satisfaction, among others, a scorecard does not provide an indication of how well the organization is performing. Feb 07, 2012 get the attractive ppt presentation on balanced scorecard from. The book provides an excellent complement to the two kaplan. Balanced scorecard ppt free download as powerpoint presentation.
Balanced scorecard examples and templates smartsheet. It puts the companys strategy into practice it helps to communicate and align the strategy throughout the organisation. But financial measures tell the story of past events, an. The balanced scorecard template for powerpoint is an organized and specific presentation of the various components involved. Bsc is a strategy performance management toola semistandard structured report, supported by proven design methods and automation tools, that can be used by managers to keep track of the execution of activities by the staff within their control and to monitor the. In addition, he shows how to become a strategyfocused organization by imbedding the balanced scorecard into critical organizational processes. The design of balanced scorecard concerns itself with. Jul 10, 2015 excellent ppt slides on bsc balanced scorecard, bsc presentation, bsc ppt slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. A practitioners guide to the balanced scorecard cima. If you do not know which cio you are, please refer to the three cio architypes defined below. Balanced scorecard toolkit guide to the best balanced. Financial perspective 26 customer perspective 27 process perspective 31 learning and growth perspective 35 strategy map and. Performance management ii hr management mbao 6030 performance management ii. Balanced scorecard data simply doesnt fit into small tables.
Developed uniquely for your company, this holistic system enables you to maintain focus and move in a cohesive, consistent direction. Using the balanced scorecard templates you can easily align the day to day work that everyone is doing on an. A presentation given in my senior communication management course. Presentation on balanced scorecard linkedin slideshare. Download free free balanced scorecard powerpoint template from balanced scorecard ppt template. For example, consider the linkages in the service management profit chain. Powerpoint templates the balanced scorecard approach by sumayya quadri 2.
Balanced scorecard step by step guides readers through the processes required for a successful balanced scorecard project. Aug 24, 2006 these samples will get you up and running with office business scorecard manager 2005 using a sample balanced scorecard template. Bsc toolkit includes stepbystep manuals, documents, presentations, check lists designed to help with. David norton and i introduced the balanced scorecard in a 1992 harvard business. Strategy is limited to financial and market goals the identification of end goals must be accompanied by the identification of differentiating activities at all levelsfunctions of the organisation management barrier.
Get the attractive ppt presentation on balanced scorecard from. A phasein plan must be developed, focused on the management agenda consistent with the aims and priorities of the scorecard. By utilizing readytouse balanced scorecard templates, you can save a few hours of professional designer work. A method of implementing a business strategy by translating it into a set of performance measures derived from strategic goals that allocate rewards to executives and managers based on their success at meeting or exceeding the performance measures. The balanced scorecard concept bond university has developed a corporate balanced scorecard, which focuses on, and monitors four perspectives, customer, financial, internal business and innovation and learning. It will also save you the trouble of having to explain to the designer what balanced scorecard is and how it is important to represent data correctly. These tasks are the substance of our initial eort to. The balanced scorecard is a strategic planning and management method used to. The template here helps you to understand the important terminologies.
Balanced scorecard free ppt and pdf download workshopbank. The cdo scorecard for digital transformation the chief digital officer cdo is the key new role that organizations have appointed often driven by the ceo to raise. Infosys develops a balanced scorecard to describe and implement its strategy 24 balanced scorecard objectives, measures, and targets 24 creating a strategy map 25. Kaplan and nortons balanced scorecard is a concept still widely used and respected in. Pdf pdf documentation is available for download from the oracle technology.
Finally, it is essential to use a standard definition and a single version of the truth regarding information and data sources used to set up kpis. If you need help in creating a detailed balanced scorecard with elaborate data on the problem, journey and the steps taken, this template would be handy with its essayed description. Though this scorecard is used to monitor all the activities, another main purpose that it fulfills is that it even keeps a check whether all the organizational. The balanced scorecard bsc is a strategic planning and management tool used by a wide range of industries and professional around the world. Balanced scorecard pierce county library system branch services good morning. 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. This document explains the balanced scorecard bsc business framework and how to use it as a strategic management system.
The balanced scorecard bsc is a management system and structured report that aligns your companys strategy with your tactical activities. A brief introduction to the balanced scorecard why do companies need business scorecards. Its a great team building activity, process management tool and, when you do it properly, you end up with an action plan thats fully. Balanced scorecard example strategy map balanced scorecard. Smart companies plan their development for both the near and far future. These samples do not connect directly to the database as they use fixed values. Were here today to talk with you about the balanced scorecard. Balanced scorecard template for powerpoint slidemodel. An effective balanced scorecard needs a combination of both performance drivers and outcome measures.
Balanced scorecard basics communicat business systems. The balanced scorecard is a strategic planning and management system used to align business activites to the vision and strategy of the organization by monitoring perfomance against strategic goals 3. Documentation, tutorials, and tips to help you get the most out of clearpoint. The balanced scorecard as a performance management tool t. The balanced scorecard presented by ben kraus and cornell woodson bridging the gap between short. Free balanced scorecard powerpoint template powerpoint. Barriers to strategic implementation definition barrier. The scorecard system gives an objective evaluation of the model. The universitys approach to the balanced scorecard is based on the work of kaplan and norton kaplan and norton 1992.
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 balanced scorecard purpose of balanced scorecard. The balanced scorecard includes your overarching objectives, measures. A full balanced scorecard example including 6 templates. Consulting organizations offer a compelling example of creating value. The balanced scorecard focuses on factors that create longterm value traditional financial reports look backward reflect only the past. For those of you who may not know me, im david kennicott and im the branch coordinator for the library system, which means that i supervise all of our branches. The second area of the balanced scorecard which is important to look at is the customer perspective.
If you continue browsing the site, you agree to the use of cookies on this website. List of related links for the objective, for example, a link to a presentation or. Under this category you can download editable bsc templates for powerpoint presentations that will help to communicate your corporate strategy. Without performance drivers, such as objectives that. The process of building a balanced scorecard for a burn center concentrates on the initial seven tasks. Kaplan and norton describe the innovation of the balanced scorecard as follows. The balanced scorecard retains traditional financial measures.