bsc ppt
DESCRIPTION
Balance Scorecard significancesTRANSCRIPT
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
