What is the Board Balanced Scorecard

The Board BSC is built to describe and manage the strategic responsibilities of the board. It uses the four perspectives of the framework and starts with a strategy map. Major strategic themes on the strategy map frame the contributions of the board. These strategic themes may include: performance oversight, executive enhancement, compliance and communication, and corporate citizenship. These themes provide the architecture for defining the specific objectives of the board. In for-profit organizations, the board does not directly produce financial results yet the enterprise financial objectives are still part of the Board BSC because they provide context for the board’s objectives.

The Board BSC clarifies the strategic information required by the board. It also becomes a modern tool to manage and evaluate the performance of the board and its committees.