ABOUT THE BOOK                                        Chapter 1-12 »

Following the seminal work of Robert Kaplan and David Norton who first presented the concept 'balanced scorecard' in an HBR article (1992), we presented experiences gained through scorecard work in Sweden and England in a book issued by Wiley in 1999, Performance Drivers - a Practical Guide to Using the Balanced Scorecard. It was quickly translated into a number of languages, proving the interest in scorecards in countries as far apart as Japan and Brazil. We refer readers to that volume for a full description of the rationale behind scorecards, and how to introduce them.

In this new book we look much more closely at the experiences organizations have gained in using scorecards: the challenges they have encountered, and the key design issues in making scorecards actionable. In doing this, we build on a number of cases from business and government. During the past ten years we have also learnt from the scorecard experiences of many others: clients, participants in conferences, case descriptions in books, students doing research for their examination papers, etc. It seemed to us that the time was ripe for stocktaking of what we had learnt, and that the outcome of this could interest others as well.

Like in Performance Drivers there is an over-representation of Swedish cases, reflecting the fact that most of our own experiences come from our own country. Very few of them, incidentally, come from companies where we have been active as consultants, so they also reflect rather different approaches to introducing and using scorecards. Most of them are internationally active corporations.

There seems to be a greater 'market penetration' for scorecards as a tool for strategic control in the Scandinavian countries than anywhere else, possibly apart from the US. Readers of our previous book have commented on how scorecards are used differently in different countries, detecting a Scandinavian flavour in our recommendations that may differ from the US use of scorecards. We are not sure about this, but it provides another reason why cases from this part of the world attract global interest. After all, most books and articles on management come from US or at least Anglo-Saxon environments.

In writing this book we had people like you in mind: who already have been exposed to the idea of balanced scorecards, and may even have taken part in scorecard projects in your organization. We attempt to put your experiences into the larger framework provided by the experiences of many others. We also add many of our own hopes and concerns.

These remain the same as in Performance Drivers. In the preface for that volume, the objective for scorecards was expressed in the following way: "to provide a more thorough and meaningful picture of a business, suitable for the discussions in which a growing number of company employees should participate:
  • A total, comprehensive picture
    How do our operations fit into the overall picture? Can I understand why we do things the way we do, and does it make sense?


  • A long-term view
    More and more of our time at work is spent on preparing for the future. The cultivation of competencies and relationships is an investment with effects that are often hard to see. How can we convince ourselves that what we are doing is right, and that others at the company are doing what they can to prepare for our common future?


  • Experience
    How do we make use of what we learn? Today many company employees deal directly with customers, make discoveries in the process of their work, and cultivate relationships with other companies and official agencies. How can we benefit from the knowledge which we thereby gain?


  • Flexibility
    The long-term focus and the ambition to learn from experience has to be combined with flexible reactions to a fast-changing environment."
These remain important and valid ambitions. We hope that our new book will provide further insights into how these intentions can be realized.
Table of content
CHAPTER 1
Scorecards 10 Years On - Fading Fad Or Maturing Management?

CHAPTER 2
Scorecards In Use

CHAPTER 3
Skandia's Experiences From Navigating Into The Future

CHAPTER 4
Case Histories

CHAPTER 5
Challenges

CHAPTER 6
Visualizing Strategies In Maps

CHAPTER 7
Using Scorecards To Boost A Strategy-Grounded Dialogue

CHAPTER 8
Assigning Roles And Responsibilities For Operating Scorecards

CHAPTER 9
Connecting Strategic Intent: Designing Interfaces Between Scorecards

CHAPTER 10
How To Balance The Incentive System

CHAPTER 11
Using IT To Leverage The Scorecard

CHAPTER 12
Prospects: BSC As Tool For Modern Management

REFERENCES

INTERVIEWS

INDEX

:: Authors
Nils-Göran Olve
Carl-Johan Petri
Jan Roy
Sofie Roy


:: Publisher
John Wiley & Sons Ltd; Chichester, England

About the publisher »
www.wiley.com »


:: Buy the book
Wiley Europe »


:: ISBN
0-470-84871-5


:: Number of pages
304


:: Number of named cases
14

List of companies »