Guidance on Using Balanced Scoreboard for Economic Development

July 27, 2010 at 8:15 am Leave a comment

A common adage goes: “What gets measured, gets done.” Finding actionable and meaningful measures for assessing economic development performance has long been a particularly challenging puzzle.

Much of what happens in our regional economies is a result of complex interactions among numerous actors that are not understood comprehensively enough to permit well informed strategic planning.

Our inability to measure the success or failure of our economic development strategies further denies us the possibility to fine-tune, adapt and learn from them. There is hope. The corporate balanced scoreboard, approached in an adapted form, can help economic developers engage in meaningful performance monitoring and measurement.  Read the full article here.

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Entry filed under: Balanced Scoreboard, Performance Metrics. Tags: , , .

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