These four legs encompass the vision and strategy of an organization and require active management to analyze the data collected. Therefore, the balanced scorecard is often referred to as a management tool, not a measurement tool. 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. Powers quality survey, for example, has become the standard of performance for the automobile industry, while the Department of Transportation’s measurement of on-time arrivals and lost baggage provides external standards for airlines. Benchmarking procedures are yet another technique companies use to compare their performance against competitors’ best practice. 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. Fully amendable PPT design as changes permissible with color, text and layout. PowerPoint templates are compatible with Google slides.