Balanced Scorecard Institute (North Carolina, USA)
The balanced scorecard is a strategic planning and management system that is used extensively in business and industry, government, and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals.
It can help your organization by translating high level organizational strategy into something that employees can understand and act upon in their day-to-day operations and initiatives. An effectively implemented balanced scorecard can help an organization in many ways :
Increase focus on strategy and results instead of tasks
Break down communication silos between departments
Better understand and react to customer needs
Improve organizational performance by measuring what matters
Help leaders make better decisions based on leading performance indicators instead of lagging financial data
Help leaders budget time and resources more effectively
Help leaders and employees prioritize the work they do
The Balanced Scorecard Institute, a Strategy Management Group company, provides training and consulting services to commercial, government, and non-profit organizations in applying best practices in balanced scorecard, strategic performance management and measurement, and transformation and change management.
Products and services include public and on-site courses, facilitation and consulting services, and information and tools used by executives, managers and analysts to transform their organizations into "performance excellence" organizations.
The Institute also provides, through the balancedscorecard.org website, a resource to obtain information, ideas and best practices based on lessons learned from extensive experience in building strategic management and performance measurement systems using the award-winning Nine Steps to Success balanced scorecard methodology.