Balanced Scorecard (ITILv3):    [Continual Service Improvement] A management tool developed by Drs. Robert Kaplan (Harvard Business School) and David Norton. A Balanced Scorecard enables a Strategy to be broken down into Key Performance Indicators. Performance against the KPIs is used to demonstrate how well the Strategy is being achieved. A Balanced Scorecard has 4 major areas, each of which has a small number of KPIs. The same 4 areas are considered at different levels of detail throughout the Organization.

See also: TBD

Balanced Scorecard (ITILv2):    An aid to organizational performance management. The balance should be found between four perspectives: Customers, Internal Processes, Learning and Growth, and Financial.

See also: BSC

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