Balanced Scorecard Gurus Now Official Gurus

BNET TalkbackShare your ideas and expertise on this topic

Subscribe to this discussion via Email or RSS

•  
  1

  nmandel

  06/26/09 | Report as spam

  RE: Balanced Scorecard Gurus Now Official Gurus

  While the Balanced Scorecard is a vaulable tool, credit may also be referenced to the Baldriged Criteria for Performance Excellence.
  
  I understand Baldrige is thought to have been an extended predecessor to the Balanced Scorecard and I find both of useful management tools.
  
  It would be interesting to hear from the founders what kind, if any influence it had on their final model.

•  
  2

  Licky

  06/27/09 | Report as spam

  Balanced Scorecard Looks at Four Areas

  The Gartner Quadrant
  The Balanced Scorecard
  The Four Seasons
  The Four Majors (golf)
  
  We really love fours.
  
  Did you know that Gartner is not even at Gartner anymore. His Gartner Quadrant is bigger than he is.
  
  Sometimes the PR and marketing are as much of the success as the core solution behind it.
  
  Balanced Scorecard is a methodology. It works OK, but the front line employee doesn't really get to eat, sleep, and breathe the scorecard during his or her work.
  
  If you are running a bank, you might get by with just financial metrics, but everybody else needs more to run the store.
  
  I don't know of a better method that is well known, but it shows how powerful a system like balanced scorecard can be. It is understandable, it is better than what we had before, and it is transportable.
  
  Let us not think it is perfect or even sufficient, but let us be thankful we have it.