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Unit of Measurement of Balanced Scorecard in Public Sector
Ramdeen
The Balanced Scorecard has been proven a success in corporate companies because the unit of measure is based on financial success. However, is it more difficult to identify the unit of measure in the public sector, mainly because the unit of measurement is not always financial, depending on the various levels of government. This is my opinion based on the experience from the public sector in developing countries. (...) Read more? Sign up for free
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BSC in Public Sector: Social and State Welfare Aspects
Ashok A kella, Finance Manager, India, Member The BSC in public sector is equally useful for performance recording.
However, the criteria for standardizing the measurement unit are indeed different, with reduced importance to financial performance and more room for social as well as state welfare aspects.
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Public Sector BSC: Collecting the Data
Daniel Briones I worked with the BSC at a Department of Housing and Urban Development in my country. The main trouble that we had was collecting the data from the various sources, but not to define the units of measure.
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