University scorecard template

Saying it all, one can heave a sigh of relief after getting over with this job of constructing a university balanced scorecard. Metrics for Education Estimation This is the actual scorecard with University Scorecard Indicators and performance indicators. Download a trial version of University Scorecard Estimation Balanced Scorecard or purchase a full version online.

Support About us. Can a business professional research KPIs on his own? How do I avoid typical problems with KPIs?

Is ready-to-use KPI applicable in my niche? This Balanced Scorecard is an example, of how quality strategy can be described on strategy map and measured with KPIs. Warehouse KPIs. A warehouse today should adapt to the fast pace of stock turnaround, new technological and logistical challenges. Learn about the best KPIs to focus on; use the strategy map template for a warehouse as a starting point.

KPIs for Procurement. Learn how to focus the strategy of a procurement department and measure its effectiveness, using such KPIs as compliance and ROI. Project Management KPIs. Learn how to focus project management on what is important and track the progress with KPIs. Cybersecurity Strategy. An example of how the findings of data breach studies can be combined into a cybersecurity strategy.

Sales KPIs. A template for sales scorecards where we balance three levels of sales KPIs: the process-oriented metrics, result-oriented indicators, and KPIs that link sales to the company's strategy. Marketing Scorecard. Most marketing scorecards are limited to internal metrics only. Use this template to map your marketing activities and align them with the overall strategy of organization. Social Media KPIs.

Any organization wants to stand out in social media. This scorecard is an example of a social media strategy map where business goals are aligned with relevant KPIs to track. Brand KPIs and Strategy. Brand is a perceived value of the product. Learn what KPIs brand manager can use to quantify and measure it on the level of awareness and coherence. Graphic Designer KPIs. Is creativity measurable? Learn what KPIs managers can use to track and improve the performance of a creative team.

Event KPIs and Scorecard. Attending an event implies significant financial and time investments. HR Scorecard. In this scorecard, we analyze emerging HR trends and focus on four key priority strategies that any organization needs to have on their performance scorecard for HR.

Training Scorecard. This scorecard is an example of how training effectiveness can be measured. The training strategy map shows how to match learning goals with overall strategy. Remote Team KPIs. More highly qualified talents prefer to work remotely. Learn what KPIs will help to track the performance of remote team.

Then, link the BSCs together in your software. Also, remember that these documents are not static. You must update them regularly. If you build your BSCs so that users are comfortable using them, they will make changes as they address the lower-level elements, such as the month-to-month or quarter-to-quarter measures and targets.

Moreover, you should schedule a periodic review of your BSC to determine how it relates to your organizational processes. For example, if you update your budget annually, it is appropriate to conduct an annual review of your BSC that addresses your budgeting processes. By that point, you should have had enough meetings and updates to make clear what changes are necessary.

In , Dr. Robert Kaplan and Dr. David Norton introduced the balanced scorecard concept in an article in the Harvard Business Review. The authors discussed measuring performance across more perspectives than merely the financial one and presented a solution that includes human issues. In addition, they expanded the concept to include government and nonprofits. Kaplan and Norton published several books and papers, most notably their first book The Balanced Scorecard: Translating Strategy into Action.

Over the years, other theorists have expanded on the BSC a bit, but the design that professionals use today remains essentially the same as the third generation developed in the late s. By , almost 60 percent of businesses worldwide had implemented the BSC.

Kaplan and Norton continue to write and publish materials on the BSC, mostly about its uses. As of a survey , the BSC still ranks as one of the top 10 management tools used globally. Interestingly, commercial examples of current, actual BSCs are difficult to find. This is mainly due to the fact that most of the information that appears on the BSC is proprietary, detailing strategies of competitive organizations. It is markedly easier to find BSCs for nonprofits, as many are required to share with the public how they spend their funds.

Some of the companies that use the BSC management system include:. Apple, Inc. In this guide and in companion articles , we discuss the theory of BSC in depth, and also tell you why and how you should build a BSC. However, there are some practices to avoid when developing and implementing your balanced scorecard.

Do not:. In each field, there are standard KPIs that you can choose from to give you a sense of the health of your company. Although the KPIs for your company should be based on how your specific business operates, there are some that are more prevalent in certain industries. The ones listed below are examples. Most likely, you do not have these in your business but can get an idea of what they would entail. These can tell you where your school stands with respect to academics, finances, curriculum, faculty, facilities, technology, transportation, and housing.

Here are the customer indicators:. Empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change.

The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows built to keep your team connected and informed. Try Smartsheet for free, today. In This Article. Strategy Map Template - Excel. See how Smartsheet can help you be more effective. Have a look at the indicators on your scorecard: detect indicators that are based on students or faculty staff surveys.

These indicators have some potential problems:. An alternative way to learn about the performance would be to use observation see the Step 6 of 12 step system for challenging KPIs [7].

In additional to the annual surveys, one can use data that is already there in IT systems and track the actual use of library services and its usability for the students in real-time. The metrics in this case will be similar to what webmasters track to improve their presence in Google. They have some survey based indicators like:.

We use indicators to improve, not to make things worse, but sometimes instead of helping to achieve desired results, indicators induce some unexpected behaviour.

The graduation rates improved, but the reason of the change is not the improvement in the quality of education. Before, we have discussed a similar situation of indicators misuse in a business environment, I believe some findings from that article will work for the university scorecards as well. The scorecard created for the management of the university will make less sense for other levers of the organizational structure.

It is important to have a clear idea about how different scorecards support each other. In terms of software automation in the educational domain we see a positive trend. Many universities started using professional software for the purpose of building strategy maps and tracking KPIs.

If you are an education professional, then we invite you to sign-up with a free plan at BSC Designer Online. To make your start easier, we suggest for you to use the University Scorecard template with strategy map and KPIs that was discussed in this article and that is publicly available see the links in the end of the article. BSC Designer team is interested in learning your story, feel free to share your findings in the comments.

CEO Trainer Author. BSC Designer is a Balanced Scorecard software that is helping companies to better formulate their strategies and make the process of strategy execution more tangible with KPIs.

Strategy Map Wizard — Balanced Scorecard in 6 Minutes Answer simple questions - build a professional strategy map in 6 minutes. Strategy formulation and description might be a time-consuming project even for an experienced strategist.

This Strategy Scorecard Wizard will make the whole process fast and intuitive. Start now! Personalized Setup Need help to configure the University Scorecard for your organization? Schedule a free call. What's next? Access templates.

Sign-up with a free plan at BSC Designer for immediate access to 30 scorecard templates, including University Scorecard discussed in this article.