Balanced Scorecards

Kaplan and David Norton introduced the balanced scorecard (BSC), a concept for measuring a company's activities in terms of its vision and strategies, to give managers a comprehensive view of the performance of a business. The Balanced Scorecard approach to setting strategy and monitoring progress appears promising, as something that could be very helpful for mission agencies, para church ministries, and possibly even churches. Since the original concept was introduced, balanced scorecards have become a rich field of theory and research, and many practitioners have diverted from the original articles. These resources are dedicated to the worldwide awareness, use, enhancement, and integrity of the Balanced Scorecard as a value added management process. Balanced scorecards have been implemented by government agencies, military units, corporate units and corporations as a whole, nonprofits, and schools.