The balanced scorecard tracks all the important elements of a companys strategyfrom continuous improvement and partnerships to teamwork and. The balanced scorecard retains traditional financial measures. Its this focus on both highlevel strategy and lowlevel measures that sets the balanced scorecard apart from other performance management methodologies. Your static strategy map becomes a live performance dashboard. Feb 25, 2009 mba presentation explaining kaplan and nortons balanced scorecard approach. Presentation about balance score card and its implementation. Schneiderman, the first balanced scorecard was used in 1987 by a company named analog devices.
Balanced scorecard pdf ebook balanced scorecard balanced scorecard for government balanced scorecard ppt download iso 50001 balanced scorecard balanced scorecard for government example balanced scorecard advantages balanced scorecard adalah balanced scorecard guia balanced scorecard libro pdf balanced scorecard template balanced. The scorecard system gives an objective evaluation of the model. Balanced scorecard presentation linkedin slideshare. Balanced scorecard basics balanced scorecard institute. Some balanced scorecard software packages allow you to build your strategy map directly in the software.
Balanced scorecard ppt free download as powerpoint presentation. Balanced scorecard strategic priorities ppt powerpoint presentation inspiration example, business framework balanced scorecard powerpoint presentation 2, infographic of balanced scorecard management. The balanced scorecard can be cascaded in this manner to align the strategy thoughout the organization. Ppt balanced scorecard powerpoint presentation free to. Features of these balanced scorecard powerpoint presentation templates.
Balanced scorecard ppt template can also be used for topics like measurement,balanced scorecard,piramide,monitoring,strategy,methode,network marketing,strategic, etc. And it complements the financial measures with operational measures on customer satisfaction, internal processes, and the organizations innovation and. Hr scorecard business balanced scorecard hr and the business scorecard. This scorecard is really useful for keeping track of the activities conducted by the strategy implementation management and the operational. This system provides feedback on internal business processes and external outcomes to continually improve organizational performance and results. Under this category you can download editable bsc templates for powerpoint presentations that will help to communicate your corporate strategy. Throughout the entire process of building and implementing a balanced scorecard, we all need to speak the same language.
Example balanced scorecard for performance measurement. Norton introduced the balanced scorecard, a set of measures that allow for a holistic, integrated view of business performance. Strategy maps and balanced scorecards constitute the measurement technology for managing in a knowledgebased economy. Arial calibri times new roman default design balanced scorecard perspectives example. It attempts to measure and provide feedback to organizations in order to assist in implementing strategies and objectives. The balanced scorecard is a structured report that aligns your business strategy, vision and mission with daytoday tactics. The balanced scorecard concept is a management and measurement system which enables organizations to clarify their vision and strategy and translate them into action. A balanced scorecard is a strategic tool for the performance management. Balanced scorecard ppt strategic management innovation. The balanced scorecard template for powerpoint is an organized and specific presentation of the various components involved.
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. The balanced scorecard purpose of balanced scorecard. Balanced scorecard bsc is a powerful tool that gives to managers a fast, but comprehensive view of the business including operational measures on customer satisfaction, organizations. Powerpoint and pdf templates for balanced scorecard. There are many benefits to automating your balanced scorecard, but the ability see your strategy map light up with real performance colors may be the biggest. An integrated strategic planning and performance management system that. If you continue browsing the site, you agree to the use of cookies on this website. The balanced scorecard evolved between 1986 to 1992.
Readytouse balanced scorecard templates with examples of kpis for different. Scribd is the worlds largest social reading and publishing site. Were here today to talk with you about the balanced scorecard. Intangible assets link to internal process consumer bank anonymous example. The name balanced scorecard comes from the idea of looking at strategic measures in addition to.
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 balanced scorecard is a strategic planning and performance management framework used by business, government, and nonprofits to align daytoday activities with enterprise vision, mission. A full balanced scorecard example including 6 templates. The template here helps you to understand the important terminologies. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. The balanced scorecard in the citibank case employs the attributes of.
Balanced scorecard means different things to different people. Balanced scorecard sustainability management with the balanced scorecard in recent years many corporations have implemented environmental andor social management. Definition and concept an approach to the provision of information to the management to assist with. The balanced scorecard focuses on factors that create longterm value traditional financial reports look backward reflect only the past. For more, read for more, read their article, the balanced scorecard. If you do not know which cio you are, please refer to the three cio architypes defined below. This download includes a balanced scorecard template contained in an ms excel spreadsheet developed on the basis of the robert s. 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. Financials members operations hr deliverables be the financial institution of choice increase financial strength reduce bad loans ratio streamline processes expand membership develop targeted marketing program offer above market rates offer diverse financial products. A balanced scorecard is a performance metric used in strategic management to identify and improve various internal functions of a. May 24, 20 balanced scorecard ppt slides by yodhia antariksa 8472 views.
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. David norton and i introduced the balanced scorecard in a 1992 harvard business. Kaplan and norton describe the innovation of the balanced scorecard as follows. Understanding balanced scorecards and strategy maps. Instant download attractive subscription prices premium quality presentation templates on affordable price. Anytown hospital has just finished a twoday retreat where they revised and updated their mission and vision statements and drafted a strategic plan. Balanced scorecard basics communicat business systems. The first balanced scorecard used by the company was as a result of their fiveyear strategic planning process to cover the related total quality. Its a great team building activity, process management tool and, when you do it properly, you end up with an action plan thats fully. Andrew molloy amy miller mike elicker what is the balanced scorecard. By translating their strategy into the logical architecture of a strategy map and balanced scorecard, organizations create a common understandable point of reference for all their units and employees. Professional balanced scorecard editable powerpoint template. The balanced scorecardmeasures that drive performance.
The name balanced scorecard comes from the idea of looking at strategic measures in addition to traditional financial measures to get a more balanced view of performance. The scorecard was originally created to supplement traditional. Performance management ii hr management mbao 6030 performance management ii. Its a great team building activity, process management tool and, when you do it properly, you end up with an action plan thats. The information included is fictional and is provided to simply demonstrate the process. Balanced scorecard is a management system that enables organizations to translate the vision and strategy into action. Robert kaplan and david norton the balanced scorecard retains traditional financial measures. Balanced scorecard pierce county library system branch services good morning.
What follows, provides guidance and advice on the development and implementation of a balanced scorecard for those organisations considering the introduction of a. Visualise the presentation full screen, download a. But financial measures tell the story of past events, an. The balanced scorecard bsc is a strategic planning and management tool used by a wide range of industries and professional around the world. 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. A free powerpoint ppt presentation displayed as a flash slide show on id. Like a laser beam, strategy now has a clear path to everyone in the organization. Balanced scorecard example the following is an example of how one might develop a balanced scorecard. For growing startups and established businesses, this scorecard can bring you and your employees strong focus and a path forward.
Robert kaplan and david norton created the balanced scorecard approach in the. A balanced scorecard is a performance metric used in strategic management to identify and improve various internal functions of a business and their resulting external outcomes. Discuss the difference between leading and lagging indicators as measures of hr effectiveness. Balanced scorecard pdf ebook balanced scorecard balanced scorecard for government balanced scorecard ppt download iso 50001 balanced scorecard balanced scorecard for government example balanced scorecard advantages balanced scorecard adalah balanced scorecard guia balanced scorecard libro pdf balanced.
At one extreme, a measurementbased balanced scorecard is simply a performance measurement framework for grouping existing measures into categories, and displaying the measures graphically, usually as a dashboard. Balanced scorecard template for powerpoint slidemodel. The balanced scorecard bsc is a business framework used for tracking and managing an organizations strategy. Throughout the entire process of building and implementing a balanced. Balanced scorecard ppt slides by yodhia antariksa 8472 views.
Customer perspective, internal processes, learning and growth prepared by group 4. Take a balanced approach to your business management with this powerpoint template. Balanced scorecards, when developed as strategic planning and management systems, can help align an organization behind a shared vision of success, and. Identify the key performance drivers and enablers that constitute the primary hr deliverables. Assess the measures in citibanks balanced scorecard for its branch managers. 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 concept of balanced scorecard has evolved beyond the simple use of perspectives and it is now a holistic system for managing strategy. The goal of the balanced scorecard is to tie business performance to organizational strategy by measuring results in four areas. It is a report that helps managers to track the companys execution of tasks and to control the effects of these activities. Measure and monitor progress towards strategic targets.
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