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Balanced Scorecard in Strategic Planning of Higher Education: Review

In: Handbook of Operations Research and Management Science in Higher Education

Author

Listed:
  • Zilla Sinuany-Stern

    (Ben Gurion University of the Negev)

  • H. David Sherman

    (DMSB—Northeastern University)

Abstract

This chapter provides a review of the Balanced Scorecard (BSC) applied to higher education institutions (HEIs). BSC was developed in the 1990s as a comprehensive method to measure and manage organizational performance. BSC translates an organization’s mission statement and strategy into specific, measurable goals and monitors the organization’s performance in regard to achieving these goals. We review publications reporting application of BSC to higher education institutions over 25 years reported by the organizational level, country of application, and use of other methodologies combined with BSC. The large number of applications in many different ways suggests continued future potential for additional applications of BSC in higher education, such as quality assurance.

Suggested Citation

  • Zilla Sinuany-Stern & H. David Sherman, 2021. "Balanced Scorecard in Strategic Planning of Higher Education: Review," International Series in Operations Research & Management Science, in: Zilla Sinuany-Stern (ed.), Handbook of Operations Research and Management Science in Higher Education, chapter 0, pages 213-239, Springer.
  • Handle: RePEc:spr:isochp:978-3-030-74051-1_7
    DOI: 10.1007/978-3-030-74051-1_7
    as

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