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Topic: Balanced scorecard

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	QPR Software - Solutions - Balanced Scorecard
		Balanced scorecard provides a clear understanding of the company strategy, and how it is supported by the commitment to objectives from various divisions and functional units of the organization.
		Since the balanced scorecard is cascaded from the company to divisional/unit/functional objectives, this generally involves all employees contributing to reaching the objectives.
		The balanced scorecard translates the organization’s strategy into understandable goals and objectives, which are then communicated to everybody in the organization in a way that they can understand. Balanced scorecard provides management with a comprehensive picture of business operations, and their most current performance.
	www.qpr.com /Solutions/Balanced_Scorecard/index.html (587 words)

	Balanced Scorecard
		The Balanced Scorecard (BSC) was published in 1992 by Robert Kaplan and David Norton.
		The balance sheets of such takeover targets do not reflect the value of the customers who nonetheless are worth something to the acquiring firm.
		However, a well-designed Balanced Scorecard is different from such a system in that the four BSC perspectives form a chain of cause-and-effect relationships.
	www.netmba.com /accounting/mgmt/balanced-scorecard (1410 words)

	Balanced Scorecard
		The balanced scorecard demands that managers translate their general mission statement on customer service into specific measures that reflect the factors that really matters for customers.
		Their greatest concern is that the scorecard information is not timely; reports are generally a week behind the company's routine management meetings, and the measures have yet to be linked to measures for managers and employees at lower levels of the organization.
		The balanced scorecard, on the other hand, is well suited to the kind of organization many companies are trying to become.
	www.albuenviaje.com /balanced_scorecard.htm (4389 words)

	Balanced scorecard - Wikipedia, the free encyclopedia
		Balanced Scorecard is a method and a tool solely dedicated to the execution of any organizations strategy.
		Balanced Scorecard is sadly often used as a tool to drive business as usual by many organizations, and research made by Balanced Scorecard Collaborativeshows that about 50% of all users fail to implement strategy through the use of Balanced Scorecard Collaborative for this very reason.
		In 1997, Kurtzman found that 64% of the companies questioned were measuring performance from a number of perspectives in a similar way to the balanced scorecard.
	en.wikipedia.org /wiki/Balanced_scorecard (1131 words)

	Balanced Scorecard
		The balanced scorecard is a new management concept which helps managers at all levels monitor results in their key areas.
		The balanced scorecard suggests which specific areas should be measured for a balanced picture, but this isn't contradictory to Hoshin Planning.
		The balanced scorecard method seems to be more of a one-way street -- the executive team creates the strategy, and it cascades down from there.
	www.skymark.com /resources/methods/balancedscorecard.asp (448 words)

	Balanced Scorecard
		The scorecard, a set of measurements that gives top managers a fast but comprehensive view of the organization, is balanced between short- and long-term objectives, between cost and non-cost measures, between lagging and leading indicators, and between external and internal performance perspectives.
		The Balanced Scorecard (BSC) is a set of performance measures as a model for a strategic measurement and management system that is based on organizational mission and strategy.
		Using the Balanced Scorecard as the central organizing framework for important managerial processes, executives revealed that they were using the Balanced Scorecard not only to clarify and communicate strategy but also to manage strategy.
	www.sonoma.edu /users/h/hosseini/Students/Bus435/balanced_scorecard.htm (1273 words)

	Enterprise Performance Management About the Balanced Scorecard (Site not responding. Last check: 2007-11-05)
		With a Balanced Scorecard, the corporation, down to each organizational unit and even to the individual level, can understand the key performance indicators that they have control of and responsibility for and understand the relationship to the overall success of their organization.
		A Balanced Scorecard solution, as the strategic analytical application within an organization, should work in harmony with existing sources of data, extracting and packaging this information and sharing it as part of the scorecard.
		Rocket's SPImpact Balanced Scorecard is a packaged solution which provides all the functionality required to build and maintain a large number of balanced scorecards in any organization.
	www.rocketsoftware.com /portfolio/epm/balancedscorecard.htm (614 words)

	Balanced Scorecard
		The balanced scorecard is not only a measurement tool, but also a management system that enables organizations to clarify their vision and strategy and translate them into action.
		Balanced scorecard is based on five principals, which serve as the basis of an integrated strategic management.
		Balanced scorecard will enable employees right down to the individual level understand the key performance indicators that they have control and responsibility of and how they affect the overall success of the organization.
	gradcenter.marlboro.edu /~rmuyingo/ftm2/bcard.html (2386 words)

	Cognos - Balanced Scorecard
		The approach uses a scorecard to measure performance against specific targets; financial metrics are balanced with indicators for customer impact, internal processes and corporate learning and growth.
		Scorecard analytics are a key function of Cognos 8 Scorecarding, a component of Cognos 8 Business Intelligence software.
		It provides users at every level of the business with access to balanced scorecard reports, analysis and alerts, helping them understand their metrics and the factors that drive their performance.
	www.cognos.com /balanced-scorecard.html (371 words)

	Balanced Scorecard Analysis (Site not responding. Last check: 2007-11-05)
		This is the philosophy behind the balanced scorecard methodology, a performance management approach developed by Robert Kaplan and David Norton.
		The balanced scorecard methodology is more than a set of metrics; it is a system of linked objectives, measurements, targets, and initiatives that collectively communicate and measure an organization’s business strategy.
		Balanced scorecard solutions that are powered by Office XP provide a uniform interface for conducting queries and reporting, and make these services accessible to the broadest possible user base.
	microsoft.com /office/previous/xp/business/intelligence/scorecard.asp (812 words)

	Balanced Scorecards and Strategic Measurement for Strategy Implementation
		The next step is often implementing a balanced scorecard, because balanced scorecards are an excellent vehicle for honing a specific strategy, communicating it to the organization, aligning people around the strategy, and ingraining the strategy into daily decision-making.
		As part of their balanced scorecard effort, Metrus Group merged the company's employee and customer survey data bases, analyzed them, and found that several key people issues predicted customer satisfaction.
		This process embeds the balanced scorecard and its measures in the day-to-day working life of the organization, spreads awareness of the impact of effective people management, and initiates the necessary change processes.
	www.metrus.com /products/scorecards.html (1394 words)

	leadership :: balanced scorecard collaborative :: driving breakthrough results (Site not responding. Last check: 2007-11-05)
		Balanced Scorecard Collaborative (BSCol) was founded and is led by the creators of the Balanced Scorecard concept.
		She was one of the original consultants in the strategic management services practice of Renaissance Worldwide, Inc. and was instrumental in developing both Balanced Scorecard and balanced management system service offerings within the company.
		Bognanno has developed Balanced Scorecards at the corporate, divisional, and SBU levels for domestic and international companies, as well as for private, public, and not-for-profit organizations.
	www.bscol.com /bscol/leadership (1821 words)

	Amazon.ca: The Balanced Scorecard: Books: Robert Kaplan (Site not responding. Last check: 2007-11-05)
		The concept of a balanced scorecard originated in a study group of 12 companies that met throughout 1990; since then, the authors have worked with several companies, including FMC Corporation, Brown & Root Energy Services, Mobil and CIGNA, to create scorecards and use them as a systematic means to implement new organizational strategy.
		Though still in the preliminary stages of development, balanced scorecards could represent the emergence of a new era of management sophistication, in which both the hard and soft variables of work life are taken into account in a rigorous, testable fashion.
		The balanced scorecard consists of four sections: clarifying and translating vision and strategy; communicating and linking strategic objectives and measures; planning, setting targets, and aligning strategic initiatives; and enhancing strategic feedback and learning.
	www.amazon.ca /Balanced-Scorecard-Robert-Kaplan/dp/0875846513 (1770 words)

	ADAPTING THE BALANCED SCORECARD TO FIT THE PUBLIC AND NONPROFIT SECTORS
		The Balanced Scorecard has risen to the performance measurement challenge of the private sector and is equally well-equipped to facilitate a rapid and dramatic transition of 21st century nonprofit and public organizations.
		A clear distinction between private and public sector Balanced Scorecards is drawn as a result of placing mission at the top of the framework.
		When developing their Balanced Scorecard, placing the Customer perspective at the top of the model was a logical choice.
	www.balancedscorecard.biz /articles/adapting_BSC_Public_Sectors.html (1589 words)

	Balanced Scorecard
		Explanation of Balanced Scorecard of Kaplan and Norton.
		They describe how the Balanced Scorecard can be used to support three distinct management activities, the first two being management control and strategic control.
		Later that year the same authors reviewed the evolution of the Balanced Scorecard as shown through the use of Strategy Maps as a strategic management tool, recognizing three distinct generations of Balanced Scorecard design.
	www.12manage.com /methods_balancedscorecard.html (1626 words)

	Balanced Scorecard - Management - Management Portal
		This role for the Balanced Scorecard, specifically the use of the Scorecard to communicate operations strategy across intra-organisational borders is the subject of this paper.
		The balanced scorecard is one of the most successful, endurable management concepts in recent years, but it is also frequently misunderstood.
		The scorecard includes financial measures that reveal the results of actions already taken, as well as three sets of operational measures that show customer satisfaction, internal processes, and the organization's ability to learn and improve.
	www.themanager.org /Knowledgebase/Management/BSC.htm (1375 words)

	Balanced Scorecard Excel template
		The big "surprise value" of the Systems2win Balanced Scorecard template, however, is when it is used in conjunction with the Strategic Planning Worksheets.
		The Balanced Scorecard Excel template can be purchased alone, or as part of a bundle along with many other Strategic Planning tools.
		This Balanced Scorecard template comes bundled with all of the other Strategic Planning tools, (including the Strategic Planning Worksheets).
	systems2win.com /solutions/balanced_scorecard.htm (564 words)

	Balanced Scorecard User Group
		The Balanced Scorecard User Community is a peer to peer support group for all those interested in this approach.
		The Balanced Scorecard is a management and measurement approach designed to enable clarification of vision and strategy and translation into action.
		The Balanced Scorecard Support Pack includes roadmaps, presentations, checklists and guides to assist newcomers to the method.
	www.scorecardsupport.com (500 words)

	Building a Strategic Balanced Scorecard Summary
		It also shows that although organizations will concur that they primarily use a Balanced Scorecard to implement their strategies, the supporting key motives will differ according to their own requirements.
		This chapter also explains that scorecard designs differ considerably in practice: from the classic strategy map with supporting scorecard of objectives, measures, targets and initiatives to scorecards of 5/6 perspectives and no strategy map.
		This chapter will also explain that for a Balanced Scorecard Management System to be fully effective it is vital for the scorecard to be integrated into the planning and budgeting processes.
	www.business-intelligence.co.uk /reports/strat_bsc/summary.asp (831 words)

	Enterprise Performance Management Balanced Scorecard Solution (Site not responding. Last check: 2007-11-05)
		The SPImpact Balanced Scorecard may be implemented in a variety of configurations.
		The "Holy Grail" of balanced scorecard is enterprise-wide deployment, literally across all levels of the organization.
		Critical to this is the capability for the scorecard to deliver automated assessment and feedback loops that seamlessly deliver updated information to users without requiring manual intervention.
	www.balancedscorecard.com (968 words)

	How to Use Balanced Scorecard - implementing Balanced Scorecard; right type and quantity of metrics; whether to roll ...
		To succeed in the role, the Scorecard champion must be capable of strategic thinking, understand the strategic view of the company and have the ear of the CIO, says Al Grasso, former senior vice president and CIO of The Mitre Corp., a nonprofit systems development group based in Bedford, Mass.
		The company also developed a board game on the Balanced Scorecard that was similar to Monopoly and sent managers to play the game with their business unit.
		Balanced Scorecard Collaborative's Norton says that approach is the most effective way to implement the Balanced Scorecard, adding that the Monopoly game is a cool idea.
	www.cio.com /archive/051502/scorecard.html (2657 words)

	About balanced scorecards and strategic measurement in OD
		A balanced scorecard is a central list of numbers, which show each key part of an organization's success, such as financials, people, operations, suppliers, customers, and support systems.
		Thus, the balanced scorecard does its magic by focusing the organization on the issues which the leadership team decides are key to its success.
		The balanced scorecard requires a rigorous process and commitment, but its benefits are worth the costs.
	www.toolpack.com /scorecard.html (1615 words)

	Balanced Scorecard (Site not responding. Last check: 2007-11-05)
		The balanced scorecard is "a set of measures that gives top managers a fast but comprehensive view of the business.
		The balanced scorecard recognises the limitations of purely financial measures and attempts to elevate the status of important non-financial measures to a par with the financial measures.
		A more "balanced" view of organisational goals than are traditionally provided by the application of purely financial measures, which at best have a short term (and historical) focus and at worst are totally misleading.
	casparija.home.comcast.net /dweb/l62.htm (1215 words)

	Balanced Scorecard Software, Balanced Scorecard Approach & Methodology (Site not responding. Last check: 2007-11-05)
		Balanced Scorecard software converts business strategy into a strategic management system, providing capabilities for strategy maps, interactive scorecards, dashboards, briefing books, and reports.
		One of the most widely used management methodologies, Balanced Scorecard methodology has been implemented in thousands of corporations, organizations, and government agencies worldwide.
		The Balanced Scorecard approach was identified as one of the most significant ideas of the past 75 years by the editors of Harvard Business Review.
	www.corvu.com /products/balanced-scorecard.htm (436 words)

	What is the Balanced Scorecard?
		Recognizing some of the weaknesses and vagueness of previous management approaches, the balanced scorecard approach provides a clear prescription as to what companies should measure in order to 'balance' the financial perspective.
		The balanced scorecard is a management system (not only a measurement system) that enables organizations to clarify their vision and strategy and translate them into action.
		When fully deployed, the balanced scorecard transforms strategic planning from an academic exercise into the nerve center of an enterprise.
	www.balancedscorecard.org /basics/bsc1.html (890 words)

	Balanced Scorecard,BSC,Performance Measurement (Site not responding. Last check: 2007-11-05)
		But you need a “balanced scorecard” to measure not just how you’ve been doing, but also how well you are doing (“current indicators”) and can expect to do in the future (“leading indicators”).
		The balanced scorecard is just remedy for this kind of problem.
		Under the balanced scorecard system, financial measures are the outcome, but do not give a good indication of what is or will be going on in the organization.
	organizedchange.com /balancedscorecard.htm (1013 words)

	The Balanced Scorecard - Business Library - UWO
		During a year-long research project with 12 firms at the leading edge of performance measurement, a balanced scorecard was devised.
		The balanced scorecard allows management to look at the organization from 4 important perspectives: 1.
		There are also many articles relating to the balanced scorecard and some examples are provided in full text below.
	www.lib.uwo.ca /business/balancedscorecard.html (583 words)

	OPX - Balanced Scorecard
		The Balanced Scorecard is a management tool to mobilize employees to fulfill the mission of the organization.
		The scorecard conveys the strategic plan to organization members, and it monitors each perspective simultaneously so that each perspective continuously supports the strategic plan.
		The scorecard is an analysis technique to translate an organization's mission statement and overall business strategy into specific, quantifiable goals and to monitor the organization's performance in terms of achieving these goals.
	opx.co.sarasota.fl.us /balanced_scorecard.asp (663 words)

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