Balanced Scorecard mind map. Mind Pad approach.

Balanced Scorecard is a strategic planning approach that describes companies goals in four perspectives - "Customer", "Business Process", "Financial" perspective and "Learning and Growth" perspective. We created a Balanced Scorecard mind map to support creation of scorecard for personal or business needs. 

In this article you will find out more about Balanced Scorecard concept. Also, you can download a sample Mind Pad map that is a basic for building your own scorecard.   

Click to see big image of contact map

Also, you can view the new version of Balanced Scorecard built with Mind Pad. It use object-oriented frames approach so the map is smaller and easier to understand. Compare it with new one to learn the benefits of frames approach.

Why we work with Balanced Scorecard

Balanced Scorecard is what makes company more effective as company employees know about strategic goals, know how their job is linked with strategic goal. In 2004 we have designed a Strategy2Act product that allows to build and balance scorecard. 

Now we are releasing Balanced Scorecard in mind mapping technique. We used Mind Pad product to describe the sample mind map and show how to create a company/personal balanced scorecard.  

What is Balanced Scorecard

The Balanced Scorecard is a business management concept. This concept allows to transform strategy into action.  It's a not a set of rules or methods, it's a conception that allows to share your strategy and vision with others.

There are three important things you should know about Balanced Scorecard:

• It’s a concept (not a set of rules, tools or methods);

• It helps to connect your strategy with real action;

• It lets to describe companies’ strategy, vision and mission;

Basing Balanced Scorecard concept every strategic goal must have a success factors. For every factor you can have a measure way and target value.

The balanced scorecard suggests to view the organization from four perspectives:

• The Learning and Growth Perspective
• The Business Process Perspective
• The Customer Perspective
• The Financial Perspective

Then you should develop success measure ways and assign a target values.

Why use Balanced Scorecard

The Balanced Scorecard is another great way to let your employees know about your strategy, mission and vision. People will not just “know” about your strategy, but will be able to answer question:

• What can we do to achieve our strategy;
• What is the relation between things we are doing now and strategy/vision of our company;
• The Balanced Scorecard transforms strategy into action;

Use Balanced Scorecard to transform your strategy into action.

Special

• For building balanced scorecard maps purchase Mind Pad with special price 49$. Purchase Mind Pad.

Sample maps

Balanced Scorecard This is a sample of Balanced Scorecard, representing company vision and goals.  Download Balanced Scorecard [10 KB]

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