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How long does a balanced scorecard system take to develop and implement?

April 26, 2017balanced develop implement scorecard system

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How long does a balanced scorecard system take to develop and implement?

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Typically, building and implementing the enterprise-level (Tier 1) balanced scorecard (the first six steps in our nine-step process) takes two to three months. Developing aligned scorecards for business and support units (Tier 2), and teams and individuals (Tier 3) takes an additional three to six months. These estimates are for a complete strategic planning and management system and includes, the change management, leadership development, and communications strategy and planning activities that make the scorecard system sustainable. The development process needs to be undertaken by a cross-functional team guided by an experienced balanced scorecard facilitator.