An investigation into balanced scorecard implementation in Australian companies

This paper investigates the current state of corporate Australia's balanced scorecard practices, and plans to implement it in the near future. Among top 50 Australian companies only 33 percent have implemented balanced scorecard (BSC) and another 25 percent of companies are planning to implement it in the future. It seems that Australian managers have not yet taken a holistic approach to BSC implementation, but some intend to do so in near future. It is clear that corporate managers strongly believe that BSC is a valuable, strategic performance measurement system and implementation will result from stakeholders' demands.