Balanced Scorecard Style 941

Manufacturers also typically place a large emphasis on safety, and so implement many related goals and metrics. Innovation is fairly common in manufacturing strategy maps today, but it is not included in the example above. 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. 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. By making fundamental improvements in their operations, the financial numbers will take care of themselves, the argument goes. Projects or initiatives are often referred to as the ‘engine that drives change’ in the language of the balanced scorecard. It is this area more than any other that is different to other approaches.

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