Skip to content
Balanced Scorecard
Strategy

Balanced Scorecard

Performance-management framework linking financial, customer, process and learning perspectives to strategy.

Examples

  1. 01The plant's balanced scorecard has four perspectives: financial results, customer delivery, internal process quality and employee skills.
  2. 02The management review checks the balanced scorecard every month and agrees actions where a perspective is red.
  3. 03Each department links its improvement work to at least one balanced scorecard objective, so local effort supports the strategy.

Related terms

Newsletter

One Lean idea.
Every week.