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in this video I want to talk about the balanced scorecard what it is and explain it in very simple terms so anyone can understand it I have developed more balanced scorecards than most other people Ive worked with big large multinational companies government organizations helping them to design this what I see in practice is had lots of balanced scorecards or what people call a balanced scorecards like excess balanced caulker are not particularly good so I thought I use this video to explain in very simple terms of what it is and what it isnt so what is a balanced scorecard a balanced scorecard is basically a strategic performance management system that has three components to it it helps companies to set their strategic goals it helps companies to define action plans that will deliver those strategic goals and it will help companies develop KPIs or metrics that will help them monitor the delivery of their strategic goals it was voted by Harvard Business Review as one of the most inf
