What is a BSc scorecard?

This team is the measurement team. Once you fill in your scorecard, there are many options for tracking including pen and paper, BSC-specific software, and generalized tools. The BSC was developed to be a performance management system. Many experts recommend that once you build your scorecard, you should automate it.

What is a BSc report?

Generally speaking, a BSC is a standardized report that details performance management measures. With a BSC, you have the ability to describe and measure your company strategy and then track how you achieve results. This is a big-picture view with lower-level, specific, defined measures to attain that big picture.

Where are BSCS used?

BSCs are used extensively in business and industry, government, and nonprofit organizations worldwide. More than half of major companies in the US, Europe, and Asia are using the BSC, with use growing in those areas as well as in the Middle East and Africa.

What is an example of a BSc strategy?

Examples might include: Increase Revenue, Improve the Customer or Stakeholder Experience, or Improve the Cost-Effectiveness of Our Programs. One of the most powerful elements in the BSC methodology is the use of strategy mapping to visualize and communicate how value is created by the organization.