Balanced Scorecard (BSC) or Executive Dashboard

Robert Kaplan and David Norton's Balanced Scorecard (BSC)

Definition of Balanced Scorecard

Balanced Scorecard is not a simple measuring tool. It is, according to authors Robert Kaplan and David Norton, a management system that ensures clarification and formalization of the strategy.
The design and deployment of Balanced Scorecard by Robert Kaplan and David Norton necessarily involves an overhaul resulting in overall organizational practice by establishing a style of management suited to the new principle.
It just goes to show the implementation of BSC is an ambitious cultural project.
Balanced scorecard is also necessarily a major project, whether in terms of duration of the transition to the new system and new management practices or direct and indirect impacts.
In essence, Balanced Scorecard provides a framework design strategy in order to decline it efficiently and transform it into action.

Balanced Scorecard in short

• Balanced Scorecard at a glance
  In terms of basic principle, Balanced Scorecard is simple and easy to understand.
• History of Balanced Scorecard
  The founding texts of Balanced Scorecard published by the authors map out the evolving concept.
• Advantages and disadvantages of Balanced Scorecard
  The main advantages and disadvantages of Balanced Scorecard.
• Strategy Maps
  A strategy map, also known as strategic roadmap, is a cause-and-effect type diagram showing relationships between strategic objectives.

Balanced Scorecard in substance

• A major project
  Balanced Scorecard is a major project. The approach, which is of a radical nature, is weakly satisfied with accomplishments from day to day.
• The detailed principle of the Balanced Scorecard
  Balanced Scorecard provides a framework to develop the strategy in 4 balanced perspectives.
• The four perspectives of Balanced Scorecard
  The four perspectives are Financial, Customer, Internal Business Processes, Organizational Learning of the Balanced Scorecard concept.
• Balanced Scorecard is/is not
  A few details about the reality of Balanced Scorecard.
• Implementing Balanced Scorecard
  Balanced Scorecard is an in-depth reform of the minds of the organization's key players, from managers to executives.

Balanced Scorecard Vs Executive Dashboard (Gimsi)

• Differences between Balanced Scorecard and GIMSI
  Both methods are fundamentally different. GIMSI is part of a collaborative approach and proposes a conceptual approach based on the specific needs of the decision maker in a real life situation.
• Differences between Balanced Scorecard and GIMSI (continuation)
  Some comparison elements, top-down approaches and bottom up approaches. Gimsi and Balanced Scorecard
  Some comments about the joint use of both approaches.
• Implementing the Balanced Scorecard project
  Some practical advices and on-the-ground recommendations for developers and users of decision systems based on Balanced Scorecard.
• Comments about the use of strategy maps
  Comments and criticisms of the role and usefulness of strategy maps.

Balanced Scorecard Resources and Supplements

• Total Performance Scorecard
  As a supplement, Hubert Rampersad's Total Performance Scorecard is a variation of the famous BSC, proposing to put a small dose of human in the method. It is a good initiative, it sorely lacks it.
• Library resources of Balanced Scorecard
  Some books suggestions for a better understanding of the method.
• Selection of web sites
  A selection of websites devoted to Balanced Scorecards.

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