Weaknesses or Disadvantages of the Balanced Scorecard

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Balanced Scorecard > Best Practices > Weaknesses or Disadvantages of the Balanced Scorecard

Weaknesses or Disadvantages of the Balanced Scorecard
Anneke Zwart, Student (University), Netherlands, Moderator
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). . Journal of Intellectual Capital, vol. 3, issue:3. Do you agree? Why (not). Any other ones that should be added? (...) Read more? Sign up for free
 

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3 Weaknesses of the Balanced Scorecard
Robert Twiddy, Management Consultant, United Kingdom, Member
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.
 

 
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