What are the applications of the Balanced Scorecard?

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What are some examples of how the Balanced Scorecard can be used?

asked Mar 24 '10 at 21:13

Dylan's gravatar image

Dylan ♦♦
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Since the concept was introduced in 1992, the Balanced Scorecard framework has been adapted to meet a variety of organizational needs. Common applications include:

  • Rapid strategy implementation
  • Post merger integration
  • Joint venture/Alliance management
  • IT strategy
  • Human Resource strategy and compensation alignment
  • Initiative Management and prioritization
  • Enterprise transformation/change management diagnostic
  • Communication with customers, suppliers, and shareholders
  • Supplier management
  • Capital budgeting/resource allocation and prioritization

    • answered Mar 24 '10 at 21:14

    Dylan's gravatar image

    Dylan ♦♦
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    edited Apr 08 '10 at 14:10

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    Adding to Dylan's list:

    • Source for Driver-Based-Planning drivers
    • "Directory" for drill downs to the BI / Dashboard layer
    • Cover Page for the Board Report
    • Service Level Agreement with suppliers, customers, regulators, unions and employees
    • Project / Portfolio management
    • Strategic investment analysis
    • Competency mapping tool

    answered Jul 07 '10 at 02:24

    Brett%20Knowles's gravatar image

    Brett Knowles
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