discussion and response 55

1. Please research and discuss the Balanced Scorecard. It first appeared in the literature in the 1990’s (Kaplan in the HBR) and has gained increasing popularity since then. There are many uses for the Balanced Scorecard as well as several variations of its application in organizations (search for the BSC articles in Healthcare, Education, small business, etc). Please discuss what it is, how it is used with regard to strategic management and what are your experiences with it in the workplace. The CAPSIM uses a Balanced Scorecard approach so this topic will assist you in that assignment also. Below are a couple of links to articles to get you started.

Original article on the BSC

MG 640 The Balanced Scorecard by Kaplan and Norton.docx

Article on the problems with the BSC

https://www.mgtsystems.com/articles/2018/6/12/the-emperor-has-no-clothes-problems-with-the-balanced-scorecar

You are required to have two original posts and four responses to others’ posts per discussion board.

Your posts need to be well-thought out, clearly worded using complete sentences and be value-added to the overall discussion.

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