What is a Balanced Scorecard: A Simple Explanation For Anyone

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  • Опубліковано 5 вер 2024

КОМЕНТАРІ • 75

  • @africanchild5719
    @africanchild5719 5 років тому +13

    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...

  • @baytongviet5889
    @baytongviet5889 2 роки тому +3

    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.

  • @giuseppemastandrea4533
    @giuseppemastandrea4533 2 роки тому +3

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

  • @abdumail
    @abdumail 5 років тому +6

    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!

  • @ncube2468
    @ncube2468 4 роки тому +2

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

    • @bernardmarr
      @bernardmarr  4 роки тому

      Thank you very much, this is great to hear!

  • @romiozoro
    @romiozoro 2 роки тому +1

    it is very generous of the explanations and information. thanks

  • @charityibiara8577
    @charityibiara8577 5 місяців тому

    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

  • @johnsitima3729
    @johnsitima3729 5 років тому +4

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

  • @projectdevelopment9111
    @projectdevelopment9111 3 роки тому

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

  • @meetdadhania5145
    @meetdadhania5145 4 роки тому +4

    Thank you so much sir. Excellent explanation

  • @gabyquigs
    @gabyquigs 4 роки тому +3

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

    • @bernardmarr
      @bernardmarr  4 роки тому

      Thank you Gabriela - that's great to hear!

  • @silviogranzotto9698
    @silviogranzotto9698 4 роки тому +1

    Thanks Mr. Marr. Very clear explanation!

    • @bernardmarr
      @bernardmarr  4 роки тому

      That's great to hear, thank you!

  • @rockettheshetland
    @rockettheshetland 4 роки тому +3

    Really good explanation. Thank you.

  • @angelaokoye9811
    @angelaokoye9811 2 роки тому +1

    Great explanation 👌🏾thanks

  • @prfreeworld5884
    @prfreeworld5884 3 роки тому

    Precise & simple. Thank you.

  • @jaykannan63
    @jaykannan63 2 роки тому +1

    Well explained. TQ for sharing.

  • @nilesha001
    @nilesha001 3 роки тому

    I loved the way you explain, most concisely. 👍

  • @imransubhani
    @imransubhani 3 роки тому

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

  • @vascochisi8397
    @vascochisi8397 2 роки тому +1

    Well Presented

  • @stevealesech7853
    @stevealesech7853 3 роки тому +1

    Great overview thanks Bernard, found this very helpful.

  • @biswajitchatterjee1376
    @biswajitchatterjee1376 4 роки тому +1

    Thanks, it was very easy to understand.

  • @nadeea467
    @nadeea467 2 роки тому +1

    This helped a lot. Thank You

  • @lovehelping456
    @lovehelping456 5 років тому +4

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

  • @syedarmaghanhassan4652
    @syedarmaghanhassan4652 3 роки тому

    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!

  • @JasonVonBerg
    @JasonVonBerg 4 роки тому +2

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

  • @malikario4350
    @malikario4350 Рік тому

    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?

  • @eatonshanwenpan150
    @eatonshanwenpan150 2 роки тому +1

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

  • @samuelkapasuka2077
    @samuelkapasuka2077 2 роки тому

    Thank you,well explained

  • @apprendredavantage
    @apprendredavantage 3 роки тому

    Great and excellent informative presentation

  • @rojeshtamrakar566
    @rojeshtamrakar566 3 роки тому

    Thank You for the valuable information

  • @schillermartin371
    @schillermartin371 4 роки тому

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

  • @andersonm9089
    @andersonm9089 3 роки тому

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

  • @NataRybnikGmail
    @NataRybnikGmail 5 років тому +2

    Thanks! Great explanation!

  • @batakrushnamahapatra5515
    @batakrushnamahapatra5515 2 роки тому

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

  • @ntcuong01ct1
    @ntcuong01ct1 3 роки тому +1

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

  • @CarlosHenrique-cp3bg
    @CarlosHenrique-cp3bg 5 років тому +2

    Excellent !!!

  • @npallavimum
    @npallavimum 3 роки тому

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

  • @ReyDev165
    @ReyDev165 3 роки тому

    Great explanation

  • @turkithemaster2841
    @turkithemaster2841 5 років тому +1

    Well done Sir !

  • @MrHeimes
    @MrHeimes 2 роки тому +1

    Sehr gutes Video, danke

  • @ANSHUSINGH-bb2ve
    @ANSHUSINGH-bb2ve 3 роки тому

    Wonderful

  • @nasco1365
    @nasco1365 4 роки тому +3

    Perfect!
    Thanx

  • @adarshaneeeducation2475
    @adarshaneeeducation2475 4 роки тому

    Excellent ..thanks

  • @rahsanishadeen
    @rahsanishadeen 4 роки тому +1

    Can you please explain a balance scorecard in a university

    • @bernardmarr
      @bernardmarr  4 роки тому +1

      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

  • @ezekielnkotsoe2770
    @ezekielnkotsoe2770 3 роки тому

    Great video and explanations. Thanks Bernard

  • @aa0324
    @aa0324 3 роки тому

    Fantastic video!

  • @harrybarry4158
    @harrybarry4158 Рік тому

    Is 3.5 a good score?

  • @rojeshtamrakar566
    @rojeshtamrakar566 3 роки тому

    can we get the Balance Score card template in excel

  • @magdaalvarez6201
    @magdaalvarez6201 3 роки тому

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

  • @lekshmidileep7071
    @lekshmidileep7071 3 роки тому

    Thank u

  • @dupeomoniyi2344
    @dupeomoniyi2344 4 роки тому

    This is sooooo good

  • @robertprater4064
    @robertprater4064 2 роки тому

    What is kbi?

  • @Ldbtt--ISHFAQASHRAF
    @Ldbtt--ISHFAQASHRAF 3 роки тому

    ❣️

  • @nyar9568
    @nyar9568 3 роки тому +1

    If this video wasn't it, you are probably looking for this Scorecard video:
    ua-cam.com/video/BMqdquq4Khk/v-deo.html

  • @alexanderberckhan8840
    @alexanderberckhan8840 5 років тому

    Bester Mann Vallah

  • @thetranceengineer
    @thetranceengineer 3 роки тому

    WIZZION