Formula to Calculate Balanced Scorecard

Balanced Scorecard
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Balanced Scorecard > Best Practices > Formula to Calculate Balanced Scorecard

Formula to Calculate Balanced Scorecard
washington mehlo, Manager, Zimbabwe, Member
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  Balanced Scorecard Formula
Jaap de Jonge, Editor, Netherlands
  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).

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

  Formula for BSC?
DUBE PROSPER, ICT Consultant, Zimbabwe, Member
  (...)

  BSC Measurement
Murambadoro Patrick
  (...)

  BSC Formula & PDCA
Paul Maguire, Business Consultant, United States, Member
  (...)

   
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Balanced Scorecard
Summary
Forum
What are the Generations of the Balanced Scorecard?
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Best Practices
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Generating Cost Data
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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
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Implementation of Balanced Scorecards in the Banking Sector
The BSC is Now Being Stretched Beyond its Optimality
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Spiritual Element in Balanced Scorecard
Extended Tool of Standard Costing Variance Analysis
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Balanced Scorecard for Start Up Companies?
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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


Balanced Scorecard
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