Are Balanced Scorecard and Strategy Map the Same?

Summary of Strategy Maps > Forum > Are Balanced Scorecard and Strategy Map the Same? (2)

Sam, Australia
"Does the strategy map tell the same story of Balanced Scorecard? Both of them are talking about these four perspectives."

BSC and Strategy Maps
Dennis Webbers, The Netherlands
"The strategy map concept was designed by the same authors (Kaplan & Norton) and is a more practical approach to combine the assets of an organisation to methods to create value. I find especially the visual aspect of strategy maps appealing."

Difference BSC and Strategy Maps
drix5, Zimbabwe
"Strategy maps help clarify the strategy and the related strategic objectives whereas balanced scorecards are used to establish metrics and targets to measure and manage the performance of the organization against those strategic objectives."

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