Originally developed by Robert Kaplan and David Norton in the early 1990s, the Balanced Scorecard was designed to help businesses more effectively implement their strategic plans. Fundamentally, The Balanced Scorecard is both a framework and a tool that helps a company align its business activities with its strategy. As well, it presents executive leaders with the means to ensure successful strategy implementation.

While many companies today continue to focus heavily on traditional planning processes that are mainly financially focused, the Balanced Scorecard ensures that, in addition to the financial perspective, other perspectives are considered. Attention to such factors as internal processes, customer satisfaction, and employee learning and development provide a more "balanced" path to understanding the core dynamics driving your business.


TYPICAL ENGAGEMENTS

BALANCED SCORECARD DESIGN AND IMPLEMENTATION

Track and measure progress against your company's articulated strategy on a consistent basis by customizing a company-wide Balanced Scorecard.

RESULTS

· Strategically focused change - driven through the use of a one-page tool.
· An established Key Performance Indicators (KPI) baseline for your organization.
· Trends in performance and a set of non-financial measures comprise a more complete set   of variables and dynamics for clearer decision-making.

Click here to read an SBS Partners' Case Study highlighting the benefits of the Balanced Scorecard or Contact Us to learn more.