The balanced scorecard is a management system (not only a measurement system) that enables organizations to clarify their vision and strategy and translate them into action. It provides feedback around both the internal business processes and external outcomes in order to continuously improve strategic performance and results. When fully deployed, the balanced scorecard transforms strategic planning from an academic exercise into the nerve center of an enterprise. -- What is the Balanced Scorecard?

The Balanced Scorecard Institute

Balanced_Scorecard

(See also An Integrated Balanced Scorecard Strategic Planning Model for Nonprofit Organizations)

 1. Mission Statement
 2. State the Vision
 3. Conduct a ["SWOT"] Analysis
 4. Build a Strategy Map
 5. Define the Strategic Themes
 6. Identify Strategic Objectives and Performance Indicators