Critical Success Factors (CSFs) versus Balanced Scorecard

CSFs and KPIs
Knowledge Center

 
CSFs and KPIs > Forum

New Topic


Rapiah Mohamed
Can you explain what is difference between CSFs and Balanced Scorecard? (...) Read more? Sign up for free

  Akin Akinreti
Management Consultant, Canada
 

Difference Between CSFs and Balanced Scorecard

Balanced Scorecard is a model that enhances strategic focus and objectives for performance. CSFs like KPIs are measures for measuring the performance.

  Samuell Yew
Project Manager, Malaysia
 

Critical Success Factors vs BSC

BSC tries to put a balanced distribution of emphasis on critical success factors across 4 key perspectives - financial, customer, business process and learning & growth. How well this is done depends on the guidance of the consultant and the organization's own learning process. In none-BSC companies, they may have other ways to achieve business objectives like the way Malaysian govt uses KRA Key Result Area's to set KPIs. They are making big improvements in this areas. However, I still feel a better deployment should be through Hoshin Kanri.

 

More on CSFs and KPIs
Summary
Forum
🔥What is the Current Role of KPIs in your Company?
Spider Web Visualization of Key Success Factors
How to derive Key Performance Indicators (KPIs)?
Objectives and Key Results (OKR)
Dashboard and KPI's are Driving Behaviors
Aims versus Goals versus Objectives in Strategic Management
Usage of Key Performance Indicators (KPIs)
Applicability of KPI CSF KRA in Small Organizations
Critical Success Factors (CSFs) versus Balanced Scorecard
Difference Between a KPI and a KRA?
Measurement of DIFOTOQ
Top KPIS for Pharma Supply Chains
Make to Order Manufacturing Metrics
HRM Metrics and KPI's
Best Practices
BSC Difference Between CSF and Goals
Special Interest Group

Are you interested in CSFs and KPIs? Sign up for free

Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:


CSFs and KPIs
Knowledge Center

 


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2021 12manage - The Executive Fast Track. V15.7 - Last updated: 24-1-2021. All names of their owners.