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The Balanced Scorecard
concept was created by Robert Kaplan and David Norton,
who coined the term in a 1992 Harvard Business Review
article (see "Balanced Scorecard's Origins").
Many Fortune 500 companies use it to assess the
full impact of their corporate strategies, ferreting
out any unintended consequences to their workforces,
their customers or their bottom lines that could
occur when they alter a production process.
Aspen helps an IT department use the Balanced Scorecard
to assess the impact of a corporate strategy to
enter a new business line and to determine how IT
could link itself to support the parent company's
goal. Or IT could use the model to track its own
initiatives, such as how moving to a different hardware
platform would affect the department's processes,
budget, training requirements and the user groups
it serves within the corporation. |
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