Formula to Calculate Balanced Scorecard

Balanced Scorecard
Knowledge Center

 

Next Topic

Balanced Scorecard > Best Practices

washington mehlo, Manager, Zimbabwe
What fomula do you use to calculate the BSC? (...) Read more? Sign up for free

Please register now to read all responses and to join this discussion yourself. It's easy and 100% free.

Sign up for free     Log in


  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).

  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.

  DUBE PROSPER, ICT Consultant, Zimbabwe
 

Formula for BSC?

The balanced score card is not a math expression b (...)

  Murambadoro Patrick
 

BSC Measurement

Using the four basic perspectives one can go back (...)

  Paul Maguire, Business Consultant, United States
 

BSC Formula & PDCA

The Balanced Scorecard is a philosophy, framework, (...)

 
More on Balanced Scorecard
Summary
Forum
What are the Generations of the Balanced Scorecard?
🔥BSC for Retail Industry
Tool to Analyze the Control Proces in a Maintenance Division: BSC or EFQM?
Best Practices
🥇Balanced Scorecard Design
🥈Balanced Scorecard for Engineering Services
🥉Balanced Scorecard in Budget Formulation
Formula to Calculate Balanced Scorecard
What the Balanced Scorecard DOES Address and What NOT
Balanced Scorecard for Financial Institutions
Create Strategic Aligment + Line-of-sight
Efficiency of Balanced Scorecard
Generating Cost Data
A Balanced Scorecard with 6 Perspectives
Unit of Measurement of Balanced Scorecard in Public Sector
Individual Balanced Scorecard Measurement
Balanced Scorecard for University
Weaknesses or Disadvantages of the Balanced Scorecard
Cascading the Balanced Scorecard from Corporate Level to Business Levels to Individual Level
HR Use of Balance Scorecard
Balanced Scorecard in a Charity Organisation
Balanced Scorecard in African Hospitals
A New Flow Oriented Scorecard: Bellwox Bureau (Value Turbine)
Developing a Balanced Scorecard for Projects
Linking Balanced Scorecard and Six Sigma
Balanced Scorecard for Reorganisation
Implementation of Balanced Scorecards in the Banking Sector
The BSC is Now Being Stretched Beyond its Optimality
Balanced Scorecard and Target Costing
Spiritual Element in Balanced Scorecard
Extended Tool of Standard Costing Variance Analysis
Balanced Scorecard is Developing...
Balanced Scorecard for Start Up Companies?
3 Types of Performance Measures
Implementation of Balanced Scorecard in Outsourcing Industry
Balanced Scorecard for Supply Chain Processes
Balanced Scorecard for Software Development
Balanced Scorecard in Banking Industry
Make Balanced Scorecard a Regulatory Requirement
Special Interest Group Leader

Are you an expert in Balanced Scorecard? Sign up for free


Balanced Scorecard
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.6 - Last updated: 20-10-2020. All names of their owners.