The Balanced Scorecard is a management system that enables organizations to clarify their vision and strategy and translate them into action. When fully deployed, the Balanced Scorecard transforms strategic planning from an academic exercise into the nerve centre of an enterprise.
This White Paper, written by QPR Software specialists, will walk you through the five main phases of a Balanced Scorecard implementation project. In addition, it will define the responsibilities, methodologies, effort from various project stakeholders and calendar time required for each phase.
The document covers two approaches. One is for organizations with little or no previous experience of Balanced Scorecard and the other for organizations that have already used BSC.