The Balanced Scorecard referred to as the BSC, is a business performance management tool which is developed for strategic decisions. That’s why it’s known as well as a strategic management tool.
Tracking a Balanced Scorecard can help manage feedback, learning process, determine the target figures and provide information on the chosen strategy. Furthermore, there are numerous potential benefits of Balanced Scorecard tracking such as evaluation employee’s work performance, identify strengths and weaknesses and goal settings for the future.
Balanced Scorecard Template in Excel will help you to follow up your strategic decisions based on reasonable performance metrics and professional design.
To manage your business more professional, we’ve focused on the most used 40 metrics in 4 main groups:
Now, let’s see the details of the Balanced Scorecard Excel Template.
Firstly enter your financial statements and targets in this section. In that way, you will be able to gain a perspective view of your financial performance.
Answer this question: “How should we appear to our shareholders?”
To gain a perspective view about your organization which is designed to serve insert your customer values and targets.
Answer this question: “How we can improve our services for our customer?
Internal Process Section:
Primarily, improving internal processes of your company gains a perspective view of your efficiency and quality to deliver value proposition for the customers. In this section, simply enter your statements and targets.
Answer this question: “How well our business process is running?”
Learning and Growth Section:
Enter your investment with your assets and potentials. Finally, you will gain a perspective view of your healthy grow.
Answer this question: “How can we sustain our ability to create value?”
BALANCED SCORECARD TEMPLATE FEATURES
Business Performance Framework
Easy to fill
Full Print Ready
Informational notes included
No installation needed. Ready to use.
Works both on Mac and Windows
Compatible with Excel 2007 and later versions
Does not include any VBA macros