Balanced Scorecard is a effective technique to monitor and set strategic goals for Organisation. It has endured twenty years of existence and is an effective tool used in Enterprise Architecture and used widely across enterprises big and small.
Need one for your organisation when you need to revisit goals and set new ones. Track them to closure and make strategy everyone’s business instead of being handed over from the top. Watch this video on how to arrive at a basic BSC for your Organisation.
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More than half of major companies in the US, Europe, and Asia are using the BSC, with use growing in those areas as well as in the Middle East and Africa. A recent global study by Bain Co listed balanced scorecard fifth on its top ten most widely used management tools around the world, a list that includes closely-related strategic planning at number one.