bsc ppt

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Balance Scorecard significances

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Research Report

Murtaza Zaidi BBS-08-08Simra BBS-08-03Sadia Dawood BBS-08-56Munaim Dastgeer BBS-08-62Javeria Raza BBS-08-49

Group # 6Group # 6

Is BSC really helps an organization to gain competative advantage

Problem StatementProblem Statement

INTRODUCTIONINTRODUCTION

 

NEED FOR THE BALANCED SCORECARD 

NEED FOR THE BALANCED SCORECARD

4 Perspective in Balance Scorecard4 Perspective in Balance Scorecard

Strategic Objectives in Learning and Growth

Strategic Objectives in Learning and Growth

Business process perspectiveBusiness process perspective

Customer PerspectiveCustomer Perspective

Financial PerspectiveFinancial Perspective

Learning and Growth

Better Processes

Cause and effect relationshipCause and effect relationship

Increased Financial Performance

Cause and effect relationshipCause and effect relationship

• Strategic themes identified• Strategic objective identified• Measure for the execution of the strategic

objective• Competitive benchmarks for the measure selected• Short term and long term targets for identified

measures• Initiative aligned to the strategic objective for

execution and review

Performance DriversPerformance Drivers

BSC componentsBSC components

BUILDING AND IMPLEMENTING THE SYSTEM

USING A BALANCED SCORECARD

BUILDING AND IMPLEMENTING THE SYSTEM

USING A BALANCED SCORECARD

THE BSC MODELTHE BSC MODEL

• articulating a sequence of cause and effect relationships.

• communicate the strategy to all members • emphasizes non-financial measures

FEATURES OF A GOOD BALANCED

SCORE CARD:

FEATURES OF A GOOD BALANCED

SCORE CARD:

ADVANTAGES OF BSCADVANTAGES OF BSC

DISADVANTAGES OF BSCDISADVANTAGES OF BSC

UTILISING THE BALANCED SCORECARD UTILISING THE BALANCED SCORECARD

The Balanced Scorecard is a very important strategic management tool which helps an organization to not only measure the performance but also decide the strategies which are needed to be adopted so that the long-term goals are achieved.

CONCLUSIONCONCLUSION

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