DESCRIPTION
What is the Balanced Scorecard (BSC)?
The Balanced Scorecard is a strategy performance management tool—a semi-standard 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 consequences arising from these actions. It was developed by Robert Kaplan and David Norton.
The BSC approach takes a "balanced" approach by supplementing traditional financial measures with 3 key non-financial areas:
• A company's relationship with its customers
• Its key internal business processes
• Its learning and growth
This 30+ slide Balanced Scorecard PowerPoint explains the BSC business framework and how to use it as a strategic management system. This Balanced Scorecard presentation is largely comprised of instructional slides explaining the methodology. Some of the topics covered include:
Four Processes – The Balanced Scorecard relies on 4 key management processes to tie short-term activities with long-term objectives: Translating the Vision, Communicating and Linking, Business Planning, and Feedback and Learning.
Four Perspectives – The BSC approach evaluates and measures an organization’s performance across 4 perspectives: Financial Measures, Customer Relationships, Internal Business Processes, and Learning & Growth.
Strategy Map – The strategy map depicts the primary strategic goals being pursued by an organization. It is a strategic part of the BSC framework to describe strategies for value creation. More specifically, the strategy map captures how an organization creates value by connecting strategic objectives in explicitly cause-and-effect relationship with each other in the 4 BSC perspectives.
Additional topics discussed include strategic learning, BSC strategic management processes, personal BSC scorecard, among others.
Furthermore, this Balanced Scorecard PPT includes a section of BSC examples and templates. The Balanced Scorecard templates (PPT) depict the BSC implementation timeline, personal scorecard, and strategy map structure. You can easily customize and integrated these BSC slide templates into your own business presentations.
The document also details the iterative process among the four key management processes, ensuring alignment from vision to execution. It provides practical examples and templates to facilitate immediate application in your organization.
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Source: Best Practices in Balanced Scorecard, Strategy Deployment & Execution PowerPoint Slides: Balanced Scorecard PowerPoint (PPTX) Presentation, PPT Lab
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