How can the Balanced Scorecard improve corporate governance?
Working Paper: Improving Corporate Governance with the Balanced Scorecard The authors review the key roles of corporate boards and recommend a Balanced Scorecard approach to help boards work smarter, not harder. Key concepts include: • Reforms such as Sarbanes-Oxley have increased the amount of work that boards need to do. A Balanced Scorecard approach can help boards use their limited time effectively. • An enterprise strategy map and enterprise Balanced Scorecard should be the primary documents distributed to the board in advance of meetings.