What to include in a Balanced Scorecard PPT Presentation

Among the many tools of business and management in the corporate world right now, one of the most effective would certainly be the balanced scorecard. This is because the tool exists to measure the current state of society against the aims and objectives that the company had planned to accomplish in the first place. What are these goals and objectives? These are both long term and short term goals that the company aimed to achieve during the first years of its existence. These could also be the goals and objectives that the company had established in its foundation. There are many aspects that come with the Balanced Scorecard, and explain these can be a bit 'difficult. This is especially true when it says the tool for people who do not really recognize much. So, it would be much better to prepare a balanced scorecard PPT presentation.

A PowerPoint presentation can be used to discuss the various aspects of the balanced scorecard. You must bear in mind that not all members of your audience familiar with the balanced scorecard. The terms that are used, although these are easy on your ears, they just might not be easy to grasp for the common person. But when they show aspects of a PowerPoint presentation, only the technicalities may be easier to understand. Additionally, the PowerPoint application actually allows the audience to be interactive during the whole presentation. You can add animated pictures to make the presentation more interesting. We are discussing a business concept, after all, and any business concept could become a bit 'boring or tedious to discuss. Capturing and maintaining the interest of the public is really a must here.

So, what should contain the PPT presentation? First, it should include the four perspectives of the Balanced Scorecard, as well as its measures, its objectives, and its initiatives. You should also present the inherent roles and responsibilities of each member of the company or organization, from top management, to the frontline employees who face customers every single day of work. In addition, you should include the benefits of using the Balanced Scorecard as a tool towards a more efficient management system.

These concepts should also be included and discussed in detail: Activity Based Costing, Forecasting, Benchmarking, Economic Value Added, Market Research, Six Sigma, Reengineering, Statistical Process Control, Total Quality Management or TQM, a learning organization, empowerment and Self-Directed Work Teams. All these aspects are very important, especially when you start developing your balanced scorecard.

And if that's not all, you should also discuss the four perspectives of the Balanced Scorecard at depth, which are the customer's perspective, a view that regulatory / financial, internal perspective, and learning and growth. Aspects classified with these perspectives should be discussed.

Finally, you should also explain how the measurements should be nipped off. For example, discuss how the measurements should be able to translate customer expectations into achievable goals. Discuss how the measurements should evaluate the processes that occur, as well as their quality.

With a Balanced Scorecard PPT Presentation as detailed and thorough as this, you will surely have no problem discussing every angle of this management tool....