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What the Balanced Scorecard DOES Address and What NOT

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Balanced Scorecard
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30
musazili, Kenya

What the Balanced Scorecard DOES Address and What NOT

According to my experience, the balanced scorecard effectively deals with the 'hard side' of the organization, for example the financial performance (such as the turn over), the level of training, the quality and quantity of products.
However if fails to address the 'soft side' of an organization, such as causes of under performance, motivation of employees and organization indigenous factors e.g. internal politics.
 

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2
Samuel A Villegas Arvelo
Management Consultant, Venezuela
 

Extra Perspectives Can be Added

In my experience using the BSC during the last 5 years, it is a very effective tool to measure, report and "align" business perspectives and improvement initiatives. Extra perspectives (for example the soft sides of organizations) can be easily added to the traditional ones and you can also include the soft side of business in any kind of Strategy Map.

 
0
Antonio Velasquez J.
Management Consultant, Peru
 

BSC and Soft Aspects

That's right. However if you put "figures" to the "soft side" of the BSC, it will be better.... Sign up

 
0
McDavitt, New Zealand
 

Satisfaction Surveys Round Out the Numbers

'Soft side' measures can be collected using staff / customer satisfaction surveys. These surveys (re... Sign up

 
6
Shad Raza
Manager, India
 

BSC is a Speedometer

As we all know the BSC is a speedometer of business which doesn't speak about the reason for low fue... Sign up

 
4
Bukekile Mashoko
Analyst, South Africa
 

What the BSC Measures and what it Does Not

I have little experience with using the BSC as a strategic approach and performance measurement meth... Sign up

 
9
Peter Herbert, USA
 

BSC Does Not Deal with Soft Aspects

All in all, we must conclude that Musazili is right. The BSC in its standard form is not dealing dir... Sign up

 
0
Paul Maguire
Business Consultant, United States
 

The BSC Does Deal with Soft Aspects

I agree that the 'soft side' is often the most challenging aspect of strategy implementation. As Buk... Sign up

 
3
Johnny Michael Tan
Management Consultant, Malaysia
 

Use 7S to Deal with Soft aspects in BSC

I agree soft aspects can be captured under learning and growth perspectives. Using McKinsey 7S: - ... Sign up

 
3
Tayo Aduloju
CEO, Nigeria
 

It Depends on How it is Deployed

In a decade of application of the BSC, I have found that how it is deployed determines its capacity ... Sign up

 
0
Nelson Waweru
Manager, Kenya
 

BSC Addresses Both the 'hard' and 'soft' Sides of an Organization

@Shad Raza: I agree it all boils down to how the tool is interpreted. This is because as with any ot... Sign up

 
0
Yesheen Vibhakar
Strategy Consultant, India
 

Balanced Scorecard - Effectiveness in Addressing Soft Side

The word 'Balanced' in the BSC is the balance between the qualitative (intangible - soft) and the qu... 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
topic Formula to Calculate Balanced Scorecard
👀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
topic Formula to Calculate Balanced Scorecard
👀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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