What is a Balanced Scorecard: A Simple Explanation For Anyone

[@baytongviet5889]

When I read the book about BSC, I thought it's so much complicated. After seeing your video, BSC becomes quite simple and easy to understand :) Thanks.

[@bernardmarr]

Ah, that’s great to hear!

[@africanchild5719]

I initially watched your video and there were some things that I missed, for obvious reasons. Went and watched some other more videos and cam back to this one - what I can confirm is that you have managed to include everything that I thought you missed initially and even more so included your case studies to bring these concepts to life. Thank you. Here comes my distinction...

[@bernardmarr]

That's fantastic to hear!

[@abdumail]

Thanks Bernard for explaining Balanced Scorecard, Metrics and KPIs in a very simple way. It was introduced about 20 years ago in an International organization where I was working. As you said, KPIs/Metrics sometime do not really reflect the organizational goals/strategies in real terms and then every manager tries to convince himself and others that he is Right!

[@giuseppemastandrea4533]

I am beyond thankful for your explanation on balanced scorecards. Cheers!

[@bernardmarr]

Happy to help!

[@charityibiara8577]

I don’t know any HR work but I am so happy I came across this it’s helping me to guide on someone’s course work I am doing 😂😂😂😂. Jesús see where I have found myself 😂but atleast i am learning too

[@ncube2468]

Good lord, what a great, yet simple to follow video explanation of a balanced scorecard. Thank you sir!!

[@bernardmarr]

Thank you very much, this is great to hear!

[@projectdevelopment9111]

Interesting! I've not only learned more about the BSC but also more about the human attention, thank you!

[@johnsitima3729]

thank you for such a simple and straight to the point explanation.

[@romiozoro]

it is very generous of the explanations and information. thanks

[@bernardmarr]

😊

[@imransubhani]

Impressed. It's simple and clear. Thanks, Bernard

[@nilesha001]

I loved the way you explain, most concisely. 👍

[@silviogranzotto9698]

Thanks Mr. Marr. Very clear explanation!

[@bernardmarr]

That's great to hear, thank you!

[@prfreeworld5884]

Precise & simple. Thank you.

[@jaykannan63]

Well explained. TQ for sharing.

[@andersonm9089]

Aren't you the best coach on youtube???

[@gabyquigs]

This video was so helpful and easily explained. Thank you so much.

[@bernardmarr]

Thank you Gabriela - that's great to hear!

[@syedarmaghanhassan4652]

thanks for sharing. Suggestion: please show figures, diagrams. This will facilitate learning and remembering by visualising the parts, sections, segments of Balanced Score Card. Just speaking could get uninteresting soon. Keep up the good work- Thumbs Up!

[@meetdadhania5145]

Thank you so much sir. Excellent explanation

[@batakrushnamahapatra5515]

Bernard , i have seen you , i want to see the Balance scorecard on the screen . Your video was all about you.

[@ntcuong01ct1]

Dear friends, I want to setup link between the financial budget and the balanced scorecard. How do I setup?.

[@malikario4350]

bernard.. a very consise yet comprehensive explanation. how about public sector? some said financial aspect move down to bottom of BSC. is it true in public sector financial aspect is become enabling aspect?

[@apprendredavantage]

Great and excellent informative presentation

[@vascochisi8397]

Well Presented

[@rockettheshetland]

Really good explanation. Thank you.

[@bernardmarr]

Glad it was helpful!

[@nadeea467]

This helped a lot. Thank You

[@lovehelping456]

Great explanation Bernard. Are there simple videos for beginners that you can suggest that help to create a BSC? Thanks

[@stevealesech7853]

Great overview thanks Bernard, found this very helpful.

[@angelaokoye9811]

Great explanation 👌🏾thanks

[@bernardmarr]

good to hear you liked it!

[@eatonshanwenpan150]

Thank you so much, Mr Marr. This is a clear and detailed explanation for that.

[@bernardmarr]

Glad it was helpful!

[@schillermartin371]

Thank you so much for your time and effort to sharing this video Best regards from Colombia.

[@bernardmarr]

You're very welcome!

[@rojeshtamrakar566]

Thank You for the valuable information

[@samuelkapasuka2077]

Thank you,well explained

[@biswajitchatterjee1376]

Thanks, it was very easy to understand.

[@bernardmarr]

I am glad to hear that.

[@ezekielnkotsoe2770]

Great video and explanations. Thanks Bernard

[@JasonVonBerg]

Great video. Thanks for clearing up some of the grey areas.

[@npallavimum]

If kpi s are to be identified for L and D professionals, what would fall under financial performance

[@ReyDev165]

Great explanation

[@MrHeimes]

Sehr gutes Video, danke

[@bernardmarr]

Das ist schön zu hören

[@harrybarry4158]

Is 3.5 a good score?

[@turkithemaster2841]

Well done Sir !

[@CarlosHenrique-cp3bg]

Excellent !!!

[@rojeshtamrakar566]

can we get the Balance Score card template in excel

[@rahsanishadeen]

Can you please explain a balance scorecard in a university

[@bernardmarr]

Sure. I have developed many BSCs for universities, business schools and education organisations. The principles are the same, but you would normally start with the education and research goals, and from there look at the internal processes, finance and learning and growth goals. This is true for any other public sector or not-for-profit organisation. Have a look at these examples: bernardmarr.com/default.asp?contentID=1680

[@magdaalvarez6201]

How can you use this system in an election to count votes? Is you can manipulate the result in your benefits?

[@ANSHUSINGH-bb2ve]

Wonderful

[@aa0324]

Fantastic video!

[@bernardmarr]

Thank you!

[@adarshaneeeducation2475]

Excellent ..thanks

[@nasco1365]

Perfect! Thanx

[@dupeomoniyi2344]

This is sooooo good

[@bernardmarr]

😊

[@robertprater4064]

What is kbi?

[@Yemi.archives]

It's kpi means keep performance indicator

[@lekshmidileep7071]

Thank u

[@Ldbtt--ISHFAQASHRAF]

❣️

[@alexanderberckhan8840]

Bester Mann Vallah

[@nyar9568]

If this video wasn't it, you are probably looking for this Scorecard video: kzbin.info/www/bejne/eH7UlaSrppl-ns0

[@thetranceengineer]

WIZZION