1. Building Balanced Scorecard
Teams
Executive Team
•Gets the ball rolling
•6-8 of most senior leaders in the company + CEO and CFO
•Start by:
– Gathering/creating the company’s vision and mission statement
– Outlining its values
– Create a strategy map
– Outline a vision statement for the balanced scorecard project.
•Attend workshops on balanced scorecards
•Choose the Balanced Scorecard Steering team
•Outline the strategic theme teams to be chosen
•May also hire a consultant and/or project manager

2. Building Balanced Scorecard
Teams
Balanced Scorecard Steering Team
•8-10 members
– Team leader
– Executive sponsor
– Consultant (optional)
– Project manager (optional but recommended)
– Representative from each business unit
– Technical advisor
•Appoint teams for each strategic theme
•Consolidate each piece into a master plan
•In charge of communication and project management
•Instrumental in implementing the balanced scorecard and
keeping its momentum going

3. Building Balanced Scorecard
Teams
Strategic Teams
•Includes:
– An executive representative
– A manager
– Three to five team members, each with
knowledge of the theme area
•Will do the hands-on work
•Turn their work over to the
Balanced Scorecard Steering team