Formula to Calculate Balanced Scorecard

      
			              Best Practices
			            
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		            		washington mehlo
Manager, Zimbabwe
			            
Formula to Calculate Balanced Scorecard

	          		What fomula do you use to calculate the BSC?
				      
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						            	Jaap de Jonge
Editor, Netherlands
												
				                Balanced Scorecard Formula

													These is no one-size-fits-all formula to calculate the Balanced Scorecard.

Rather, depending on the company, it's strategy, etc., you define for each of the 4 perspectives a number of objectives along with their measurements (calculation).
				                
										              0

						            	Emmanuel Reyme
Director, United States
												
				                Formula for BSC: PDCA and DARE

													Instead of using a formula, apply the PDCA model for performance improvement.

Plan - Do - Check - Act.

This model will fit every type of organization. Use common sense, it is very basic. Whatever you do, it must be planned then implemented. Now, time is for the evaluation (check) of the implemented idea and act accordingly.

In that same logic, without having before the concept of the PDCA, I created the DARE process for my consulting firm. It is based on the same logic of the scorecard. Consultant and clients Discuss for a viable Assessment; clients Retain or Reject based on assessment analysis, consultant Evaluates and/or clients Execute.
				                
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						            	DUBE PROSPER
ICT Consultant, Zimbabwe
												
				                Formula for BSC?

													The balanced score card is not a math expression but a strategic approach and performance management... Sign up
				              
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						            	Murambadoro Patrick, Zimbabwe
												
				                BSC Measurement

													Using the four basic perspectives one can go back to each division in the organisation and set objec... Sign up
				              
										              0

						            	Paul Maguire
Business Consultant, United States
												
				                BSC Formula & PDCA

													The Balanced Scorecard is a philosophy, framework, methodology and management approach for developin... Sign up
				              
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