Think carefully about the overall mission and goals of a non-governmental organization(NGO), such as Doctors Without...

Think carefully about the overall mission and goals of a non-governmental organization(NGO), such as Doctors Without borders or The Nature Conservancy.

Required:

How does the task of building a balanced scorecard for an NGO differ from that for a profit-seeking enterprise?

Choose an NGO that interests you and design a simple balanced scoreboard for them with a minimum of two measures in each of scorecard’s perspectives

Solutions

Expert Solution

Balanced Scorecard is used to define and develop the organizational strategies for effective management.

Generally, the need for a balanced scorecard is more for Non-Government Organization than for the Profit-oriented organizations as profits are not the measure for their success. They measure their success in terms of societal services rendered and answering the question of usage of them to the society or not. So, this is the major thing that differs in building a balanced scorecard for an NGO from that of a profit seeking enterpise.

The example here of an educational institution helps to understand the simple balanced scorecard of so called Non-Government Organization(NGO)

Perspective	Measure/Sources	Mission
Financial	1.Funding from the central/state government	To strengthen the organization financially
Internal processes	1.Teaching and learning 2.Research and development	To provide education for lifetime and to develop new system of learning to the students
Organizational development	1.Receiving more funds 2.Thriving for the knowledge providing sources	Maintaining and improving standards for effective and efficient management

ekkarill92 answered 1 year ago

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