Welcome to class of Balanced Scorecard by Dr. Satyendra Singh www.uwinnipeg.ca/~ssingh5 Hierarchy of Company Statement Lofty Precise Methods: -PESTEL -OCEAN -BCG -5 Forces -SWOT BCG Matrix Balanced Scorecard (BSC) Strategic Themes BSC: Strategy Loop Source: Learn.com BSC: Strategy Map Cascading the Scorecard Make Strategy Everyone’s Job Communication Channels Not-for-Profit Strategy Map Difference b/w profit and Not-for-Profit Strategy Map • Customer Client elevated to the top • Scorecard is strongly mission-driven • Financial perspective supports BSC -- does not drive it • Internal processes create client results • Organizational/Workforce Effectiveness is more complex because of volunteers, limited resources