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BSC (Balanced Scorecard) is a system of organisation performance management based on compact, mutually linked sets of indicators of an organisation’s performance which are of a financial, qualitative or deadline nature.

  

What are the main benefits stemming from the use of the BSC system in an organisation?

 

1. It focuses the attention of managers on essential affairs related to the management of the organisation.
2. It is an effective tool for implementing strategic goals aiming at the heart of an organisation: it creates a direct link between those who create a strategy and those who carry it out in practice.
3. It indicates threats to the organisation’s goals being met, it reveals problems and helps find solutions.
4. It places an emphasis on advance indicators i.e. indicators which signal the future development of the organisation, both in a positive and negative sense.
5. It is closely linked with a variable element within the system of rewarding managers and key employees, and thus had a direct impact on the motivation of managers at all levels of management.

    

  

The main aim of the presentation was to offer participants information on the possibilities of measuring and managing an organisation’s performance using a system of performance management: BSC.

 

The presentation was also aimed at participants who:

• Have implemented a system of costs and investment controlling and want to move even further forward in performance management,

• Want to actively manage an organisation’s performance based on advance KPI,

• Have problems enforcing meeting strategic goals in an organisation’s management  

• Are losing the overall view in the quantity of information generated by various information systems.