The 5 Simple Steps to Building an Award-Winning Balanced Scorecard

We have discovered that a trick to creating a great scorecard is to “rough it in” first, just like building a house. Use the team to create the framework for a great scorecard, like the framing of a house, and then quickly release it to the organization with the request for them to provide the details around the roughed-in scorecard.

In the house metaphor, the scorecard team members are just the framers – putting up the wood frame of the structure. The organization’s job is to put in the plumbing, electricity, walls, paint, wallpaper, etc.

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