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Balanced Scorecard

Just what is a Balanced Scorecard?
To better understand what a Balanced Scorecard is, maybe you should first learn where it came from and why. The Balanced Scorecard was first developed in the early 1990s by two guys at the Harvard Business School: Robert Kaplan and David Norton. The key problem that Kaplan and Norton identified in today’s business was that many companies had the tendency to manage their businesses based solely upon financial measures (In the case of the school system, managing based solely on standardized test scores). While that may have worked well in the past, the pace of business in today’s world requires better and more comprehensive measures. Though financial measures are necessary, they can only report what has happened in the past — where your business has been — and they are not able to report where it is headed: It’s like trying to drive your car by looking in the rear view mirror.
In order to provide a management system that was better at dealing with today’s pace of business and to provide business managers with the information they need so that they can make better decisions, Kaplan and Norton developed the Balanced Scorecard. Note that we said that the Balanced Scorecard is a management system — not a measurement system. Yes, measurement is a key aspect of the Balanced Scorecard, but it is much more than just measurement: it is a means to setting and achieving the strategic goals and objectives for your organization.
So, what is the Balanced Scorecard? In short, it’s a management system that enables your organization to set, track and achieve its key business strategies and objectives. Once the business strategies are developed, they are deployed and tracked through what we call the different legs of the Balanced Scorecard.
The Albertville City School System began work on the system’s Balanced Scorecard in the spring of 2008. The data from the spring of 2009 established the benchmarks for the goals and objectives that are currently in place. The goal for the use of the Balanced Scorecard is to reduce the redundancy in reporting while increasing the productivity of the school system to provide the best overall education possible to all students.
description provided by Balanced Scorecard Strategy for Dummies by Chuck Hannabareger, Rick Buchman, & Peter Economy (Wiley Publishing, Inc.)

Balanced Scorecard

The links below will provide you with information contained on the Albertville City School System's Balanced Scorecard. The links entitled "Balanced Scorecard:" contain only comparitive data. The links entitled, "Balanced Scorecard Action Plan:" contain plans and responsibility for improving the specific area.

Balanced Scorecard and Balanced Scorecard Action Plans.