Open AccessBusinessEconomics
R. Kaplan
Abstract
The managers and constituents of nonprofits are increasingly concerned about measuring and managing organizational performance. Financial measures alone, or even supplemented with a collection of ad hoc nonfinancial measures, are not sufficient to motivate and evaluate mission accomplishments. This article describes the adaptation of a new performance measurement and management approach, the Balanced Scorecard, to the nonprofit sector. Several examples of actual implementation are provided.
Citation format
KAPLAN, R. Strategic performance measurement and management in nonprofit organizations. Nonprofit Management & Leadership, 2001, 11: 353–370.