Monday, July 6, 2009

Balanced Scorecard

It seems no matter what course I am teaching, the importance of the balanced scorecard comes up. It is important for both accounting and IT people to understand.

Vinfen shows the examples of the four perspectives for industry
http://www.balancedscorecard.org/Portals/0/PDF/Vinfen_FY06_Scorecard.pdf
- financial
- learning and growth
- internal
- customer

But the balanced scorecard does not need to be used only for industry.

The University of Leeds has been awarded a place in Palladium's Balanced Scorecard Hall of Fame.

You can see their interactive balanced scorecard here:

http://www.leeds.ac.uk/about/strategy/strategy_map.htm#mainmap

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