Strategic Performance Evaluation Using the Balanced Scorecard Implementation Algorithm

Abstract

Strategic performance evaluation connects an organisation's ambitions to concrete results, guiding leaders as they deliberate and grow. In this study we present a step-by-step algorithm for applying the Balanced Scorecard in a way that tightens that link, sharpens monitoring, and increases operational visibility. Based on established theory and real-world data, the model aligns strategic goals with specific key performance indicators KPIs and weaves those indicators directly into everyday processes. Evidence gathered from interviews, document reviews, and two detailed cases shows that the approach enables near real-time oversight, smarter use of resources and timely, evidence-based adjustments to strategy. Overall, the work confirms the Scorecard as a strong tool for holding teams accountable and offers practical recommendations for refining future performance review systems.