Using Balanced Scorecards (BSC) for Universities. Management accounting for Multinational companies professor: Igor N. Baranov Students: IRINA PUTKOVA SERGEY kOZLOV. Content. Examples of BSC map for University. USC Rossier School of Education
Management accounting for Multinational companies
Igor N. Baranov
Examples of BSC map for University
ACTIVITIES!!!“BSC is like the dials in an airplane cockpit: it gives managers complex information at a glance.”R. S. Kaplan and D. P. Norton
NB:A critical factor for an effective BSC is the alignment of the 4 perspectives with the company `s vision and strategic objectives.
BSC shows how results are achieved. Because even best objective can be achieved badly (one area improved at the expense of another) .
Quite a lot, isn`t it?
TEACHING AND LEARNING
SCOLARSHIPS AND RESEARCH
Programes / Courses
SERVICE / OUTREACH
University / Professions / Alums
State / Pros Students / Families
WORKPLACE / SATISFACTION
Map contains 4 classical BSC perspectives
2 main differentiating features of BSC:
Simple format of strategic map describes with limited set of indicators for every perspective.
Focus on mutual relationship of perspectives and indicators. Well articulated map reflects strategic logics of causality between current activities and long-term success.
The whole process of dialogue focuses, energizes and informs faculty and staff thus broadening responsibility for leadership within the unit.