Balanced Scorecard Style 26

You want to implement a successful strategic framework throughout your organization, and you’ve heard that the Balanced Scorecard is one of the most popular choices. Balanced scorecard software is an excellent option, but perhaps you want to build a simple scorecard before you commit to a long-term solution—so we’ve provided one for you. This template is suitable for businesses that need a basic template to get started with the balanced scorecard concept. You can modify fonts and colors and add a logo to create your custom look. There is also room for your budget information. After you’ve chosen several strategic objectives for each perspective, you can layer them on top of the perspectives like this. This is an example of a balanced scorecard for an information technology department. As you can see, the financial perspective drives this scorecard, which keeps costs in line with the company’s needs. And in one of our agricultural machinery businesses, orders come within a narrow time window each year. The current build cycle is longer than the ordering window, so all units must be built to the sales forecast.

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