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Balanced Scorecard Design and Implementation
Many organizations use a balanced scorecard to provide internal and external stakeholders a snapshot of performance metrics and information.  This data is critical to continuous improvement processes.  Our balanced scorecard design and implementation services can help you measure and track performance across your organization.

Dr. Robert Kaplan and Dr. David Norton of Harvard Business School first introduced the balanced scorecard approach in the early 1990’s.  The balanced scorecard does not measure organizational performance simply through a financial perspective.  It also looks at performance through customer, learning and growth, and business process perspectives.

              Adapted from The Balanced Scorecard by Kaplan & Norton

The Balanced Scorecard Model is called such as it takes into account factors other than financial performance when measuring success, thus it is “balanced.”  The model is simple, elegant, and easy to understand, but much more difficult to implement and utilize as a measurement tool.  Our methods incorporate our expertise in measurement, strategy, and decision support to provide you with a holistic evaluation of your company’s performance across a wide variety of organizational dimensions.  One tool we may use within each of the perspectives in the Balanced Scorecard Model is a scorecard evaluation matrix to weigh alternatives against each other . . .

The Hill Group can assist your organization in designing and implementing a balanced scorecard derived from your Strategic Plan.  This balanced scorecard will help key decision makers to monitor, evaluate, and improve performance across critical organizational dimensions

Want to know more?

Our consultants are experts at analyzing data to help your organization improve performance.  Our Measurement and Survey service area further explains how we can help you gather the kind of data to help you make those critical decisions.

 

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