Are Balanced Scorecard and Strategy Map the Same?

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Are Balanced Scorecard and Strategy Map the Same?
Does the strategy map tell the same story of Balanced Scorecard? Both of them are talking about these four perspectives.

BSC and Strategy Maps
Dennis Webbers, Netherlands, Member
The strategy map concept was designed by the same authors (Kaplan & Norton) and is a more practical approach to combine the assets of an organisation ...Sign up

Differences Between Balanced Scorecard and Strategy Map
drix5, Student (University), Zimbabwe, Member
Strategy maps help clarify the strategy and the related strategic objectives, whereas balanced scorecards are used to establish metrics and targets to...Sign up

Strategy Maps and the balanced scorecard
GEOFFREY NYAMBANE, Manager, Kenya, Member
A strategy map is a visual representation of the strategy and it's implementation plan at a high level. This represents the path the organization inte...Sign up


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