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Formula to Calculate Balanced Scorecard

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Balanced Scorecard
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35
washington mehlo
Manager, Zimbabwe

Formula to Calculate Balanced Scorecard

What fomula do you use to calculate the BSC?
 

Rating

 
1
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.

 
0
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

 
1
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

 

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

SIG Leader

Do you know a lot about Balanced Scorecard? Become our SIG Leader

Knowledge Center

Balanced Scorecard
Knowledge Center



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