Company BSCol Inc. implemented projects for Boston Opera House, a group of schools and the Fulton Royal Canadian Mounted Police. – What, in your opinion, is due to the increased interest of companies to the BSC? – Basically we are approached by business leaders with the question: "How can I optimize the performance of their company to provide more profits for their shareholders? "To answer this question, with several research institutes of the group of companies BSCol Inc., analyzed the work of organizations that have achieved impressive results and a stable market position. These included companies such as UPS, which has managed to increase gross income for two years by 9% profit by 33%; Mobil – for two or three years the company has gone from last place in the ranking of the profitability of the industry prior to the first; AT & T Canada, which over five years increased its value by $ 7 billion, and many others. A study research has shown that these companies have achieved success by implementing strategically focused management.
Therefore, Balanced Scorecard, which was created as a methodology strategic management of the company, rightly perceived managers as a tool to improve enterprise performance. – How to determine what the company requires a balanced Scorecard? – Mostly Balanced Scorecard will be useful for companies who need to provide effective management to achieve strategic goals, as well as businesses, which have undergone restructuring and are experiencing difficulty in constructing a management system. Conventionally, there are four main signs that a company needs in the BSC. The first sign – the company has strategy and mission, and the management of a variety of reasons is not involved in the strategic management process: about 85% of managers spend more on strategic issues for at least an hour a month or a poor understanding of what is the essence of strategic management.