Weaknesses or Disadvantages of the Balanced Scorecard




Balanced Scorecard
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Anneke Zwart
Student (University), Netherlands

Weaknesses or Disadvantages of the Balanced Scorecard

Rodov and Leliaert mention 3 weaknesses of the Balanced Scorecard:
1. The system (once designed) is quite rigid and static
2. The system is extremely company specific.
3. The system does not provide firms the possibility to make an external comparison.
Rodov, I and Philippe Leliaert. (2002). FiMIAM: Financial Method of Intangible Assets Measurements. Journal of Intellectual Capital, vol. 3, issue:3.
Do you agree? Why (not). Any other ones that should be added?
 

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-1
Robert Twiddy
Management Consultant, United Kingdom
 

3 Weaknesses of the Balanced Scorecard

In my opinion, the system is not rigid and static, you design it for who you are dealing, depending on the priorities of the organisation you are doing it for.
It is not company specific, it has been done for NGOs, charities and government, plus I have done for just an IT organisation.

 
1
Chilipi Mogasha
Consultant, Botswana
 

3 Weaknesses in the Balanced Scorecard?

I can not disagree more!. It is totally flexible, you can adapt almost every aspect of it, it is des... Sign up

 
0
Satya Narayan
Strategy Consultant, India
 

Weaknesses of Balanced Scorecard

I also do not agree with Rodov and Leliaert. The system is not at all rigid, static or company speci... Sign up

 
2
Omondi, Kenya
 

Weaknesses of Balanced Scorecard

Like all tools, if applied well, it delivers. If applied wrongly it frustrates. It all depends on im... Sign up

 
0
Patrick Siggen
RSSI, Switzerland
 

Weaknesses of Balanced Scorecard

I disagree with this comment and consider this tool very flexible. I personally used it to follow im... Sign up

 
4
luiz
Manager, Brazil
 

Balanced Scorecard Weaknesses

In fact Anneke I understand what you are saying and agree with you. The BSC is at the same time an e... Sign up

 
0
Libardo Ortegon Camacho
Economista, Colombia
 

Weaknesses of Balanced Scorecard

I have been using BSC specially to identify strategy imperatives and it has worked quite well. Som... Sign up

 
8
Anneke Zwart
Student (University), Netherlands
 

Weaknesses of the Balanced Scorecard

I agree with the comments above, and of course the balanced scorecard has a lot of advantages. The b... Sign up

 
0
Satya Narayan
Strategy Consultant, India
 

Weaknesses of the Balanced Scorecard

In case a company has the potential to achieve more than what it has set in 'objectives', then the '... Sign up

 
4
Jaap de Jonge
Editor, Netherlands
 

Vulnerability of the Balanced Scorecard

@Satya Narayan and others: surely the BSC can be accommodated to many types of business. In that res... Sign up

 
0
Gandhi Heryanto
Management Consultant, Indonesia
 

3 Weaknesses of the Balanced Scorecard

I do not agree because the BSC system is centered on strategies, rather than control. Some insightf... Sign up

   

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