The BSC is Now Being Stretched Beyond its Optimality




Balanced Scorecard
Knowledge Center

Forum
11
Earle S. Taylor, Namibia

The BSC is Now Being Stretched Beyond its Optimality

I think the concept behind the Balanced scorecard is an innovative one, and if the BSC is used within the recommended structure which the developers have established, the model will perform well. But the BSC framework is quite broad and does allow some flexibility in its application outside and beyond the four recommended perspectives. It is in these areas of flexibility that the model shows lots of gaps and imprecision. The literature that is seeking to track the model's development seems to be taking the high road that is going way beyond the model's optimality, and in some instances, stretching and promising expectations that are not realistic. This can be dangerous.
 
Comments

Rating

 
0
Ranjiv Kurup
Consulting - Management, India
 

Time Lining the BSC

When I introduce the BSC to an audience for the first time, I find it useful, at times, to drop the framework anti-clockwise onto the time line so that the "today" (or y-) axis becomes the line separating the financial perspective (with its lag indicators) and the customer perspective. The "today" axis could also be a band covering the customer perspective in some instances. The x-axis, of course, represents the time line. And as we crystallize the structure (using the Socratic method) the location of the various initiatives with respect to the time line, gives the audience a better grasp of its utility and makes the transition to project Gantts more intuitive. I have not come across any limitation in terms of its flexibility to adapt to any type of organization, except of course, when I start to evaluate various CPM software packages.

   

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

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

Balanced Scorecard
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2023 12manage - The Executive Fast Track. V16.1 - Last updated: 29-3-2023. All names ™ of their owners.