The Board reviewed the balanced scorecard
for 2017 and approved the proposed balanced scorecards
It may seems that the word "balanced" in this approach means creating an equipoise in measures that are relating to the 4 perspective of BSC, but indeed as Kaplan and Norton said the majority of Balanced scorecards
measures in organizations relay on financial measures (35%) yet, so the word " balanced" here creates the equipoise between:
(2003) A Descriptive Analysis On The Implementation Of Balanced Scorecards
in German-Speaking Countries, Management Accounting Research,No:14, p.
Manama, November 20 (BNA) --A workshop on the balanced scorecards
is to conclude tomorrow Thursday, which was organised by Ministry of Finance along three days, where a number of the ministry's affiliates and other ministries and government's institutions participated in its works.
Account teams that settle for using only the metrics in traditional balanced scorecards
fail to conduct thorough, customer-focused analysis that can result in improved customer engagement and greater positive impact on the customer's business.
Applied Information Economics (AIE) has been researched as an alternative to Balanced Scorecards
. In 2000, the Federal CIO Council commissioned a study 16 to compare the two methods by funding studies in side-by-side proj- ects in two different agencies.
The participants were given detailed information about strategic performance and balanced scorecards
, including best practices and experiences for the development and implementation of these strategies and standards of performance, which prepares them for linking the strategies with the goals in their organisations effectively.
The BSC development team should now determine where within the hierarchy of balanced scorecards
it should place the metrics used for Item 7.2.
We conclude that, on average, the balanced scorecards
at the companies represented in this survey lack the necessary acceptance by those affected.
Based on our experience in developing Balanced Scorecards
for higher education institutions, we offer the following advice to those looking to do the same at their own colleges or universities: