The BEST case studies to help you put the balanced scorecard into practice

Numbers

28 Oct

The balanced scorecard is one of the most widely implemented business strategy tools globally. There’s nothing like a case study example to gain inspiration and get a feel for exactly how this works in a corporate environment.

To save you time, Fact3 have sourced a handful of great examples from experienced organisations to help you get started. We’ve included some written examples, as well as some alternative examples of one pagers you can take inspiration from when writing your own. We’ve also included some sample outputs to give you an idea of the type of end results businesses have experienced.

To caveat, most documented examples of balanced scorecard usage are from large global organisations. Some of these are just a really interesting read and may not be totally applicable to smaller organisations, but you’ll find tips and tricks along the way that you can scale and implement according to your business environment.

How Apple uses the balanced scorecard to dominate their competition

Tesco’s adaptation of the balanced scorecard method to drive its strategy and operations

How Philips focus on their employees to stay ahead of the competition, and how the balanced scorecard has helped them do that

Using the balanced scorecard in public sector organisations - How Homeland Security take learnings from the private sector and adapt them

Combining the balanced scorecard with performance related pay for maximum results

The Emirates National Oil Company: Results achieved from implementing a balanced scorecard approach