Balanced Scorecard Fact Sheet
October 28th, 2009
Comments Off
There are some facts about Balanced Scorecard that one should check before starting implementation of this performance management system. As a result, we are sure, you will be interested in trying to implement Balanced Scorecard concept in your business. Please, try our Balanced Scorecard Designer for this purpose.
- More than 50 percent of large enterprises use some type of a balanced scorecard according to study by Cranfield University
According to Balanced Scorecard Collaborative
- •95% of typical workforce does not understand its organizations’ strategy
- •90% of organizations fail to execute their strategies successfully
- •86% of executive teams spend less than one hour per month discussing strategy
- •70% of organizations do not link middle management incentives to strategy
- •60% of organizations do not link strategy to budgeting
According to Balanced Scorecard Forum
- •80% of organizations using balanced scorecard reported improvements in operating performance
- •66% of these organizations reported an increase in profits
- •about 70 percent of organizations had at least partially implemented a balanced scorecard by 2006.
- •50 percent of Fortune 1,000 companies are using the balanced scorecard
According to Microsoft Business Intelligence Conference
- •30% of companies think that the most important to their company today is performance management
What experts say
- We interviewed a number of balanced scorecard experts. Learn their opinion about Balanced Scorecard.
