Balanced Scorecard Project Templates Menu

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Templates are commonly used as a tool to assist in building the Balanced Scorecard. For example, we can use a template to construct the Strategic Map for each Strategic Theme. This Excel Workbook contains several templates to help you develop a Balanced Scorecard. The templates are clean, simple spreadsheets that you can modify easily. Additionally, the templates are arranged in sequence according to the flow of the development process. Templates 1 through 14 are used to help design the Balanced Scorecard while templates 15 through 18 are for information purposes only. Template 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Title Process Inputs Checklist Development Timeline Team Formation Checklist Core Team Checklist Establish Goals Themes Checklist Strategic Map Measurement Definition Measurement Summary Lag Lead Comparison Target Checklist Program Attributes Program Selection Grid O - M - T - P Summary Control vs. Strategic Generic Model Measurement Basics Implementation Plan Example Purpose Basic checklist of strategic information you need to collect Timeline for Six Step Development Process Basic checklist to follow in forming three team approach Critical issues that Core Team must complete Basic template for listing your strategic goals Checklist to test that you have a good set of strategic themes Four layer map for plotting and connecting strategic objectives Template for defining and testing each measurement Compile attributes for each measurement in the Scorecard Compare outcome measures vs. driver measures Quick checklist for determining targets Compile selected attributes for programs Grid for evaluating programs against strategic objectives Summary of Objectives / Measurements / Targets / Programs * Summarize Control vs. Strategic Management Process Basic generic model for building objectives and measurements Summary of measurement types and examples Roll out plan for organizational wide implementation of scorecard

* this is the final balanced scorecard

Prepared by: Matt H. Evans, CPA, CMA, CFM Date Prepared: April 21, 2001 Not subject to copyright, feel free to modify or change these worksheets.

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Balanced Scorecard Project Process Inputs Checklist

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Before starting the process of building a Balanced Scorecard, you need to collect and gather strategic information which will he serve as inputs into the first few steps of building the Scorecard. Prepare a Check List of strategic information sources. This list be used to help you get started. Company Related Information Sources: Current Strategic Plan(s) Current Financial Plan(s) Current Marketing Plan(s) Current Operating Plan(s) Annual Reports Quality Improvement Programs Customer Analysis Interviews with Executive Management Other Planning Documents: _____________________________ Other Planning Documents: _____________________________ Other Planning Documents: _____________________________ Other Planning Documents: _____________________________ Industry Related Information Sources: Competitive Analysis Industry Trend Analysis Technology Trend Analysis Marketing Trend Analysis Other Industry Analysis: ________________________________ Other Industry Analysis: ________________________________ Other Industry Analysis: ________________________________ Other Industry Analysis: ________________________________

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Balanced Scorecard Project Development Timeline

Development Steps / Week => 1

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Step 1: Establish Strategic Goals Step 2: Identify 3 to 5 Strategic Themes Step 3: Build a Strategic Map Step 4: Define your Metrics & Targets Step 5: Identify your Programs Step 6: Create an Implementation Plan Comments: The six step development process will take at least 12 weeks. Once completed, the next step is to cascade out the Balanced Scorecard to other parts of the organization based on the Implementation Plan. Three different types of teams are used within the process: Leadership Team: Understands and articulates strategy, strongly supports the Scorecard. Core Team: Most important team since here is where most of the hard work takes place Collect and apply data, build maps, document the process, etc. Measurement Team: Lower level personnel who have detail understandings about measurement.

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