Methods for management: BSC

Management Methods Encyclopedia:
Balanced Scorecard

Balanced Scorecard

What Is It?

The Balanced Scorecard is a management system designed to help organizations to clarify their vision/strategy and translate these into specific actions.

Who Developed It?

The balanced scorecard approach was originaly developed by Dr Robert Kaplan and Dr David Norton in the early 1990's.

How Widely Is It Used?

It is widely used, particularly in the United States.

User Groups and Forums

Balanced Scorecard User Group

Resources

Balanced Scorecard Institute

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