The Sarbanes-Oxley Act and some highly publicized accounting
Imitation may be the sincerest form of flattery, but too much emulation can turn a good idea into something bad. Nobody knows this better than David P. Norton, president of Balanced Scorecard Collaborative Inc. (BSCol) in Boston.
Norton and Dr. Robert S. Kaplan are widely credited with developing the Balanced Scorecard model for measuring organizational performance in the early 1990s. Through a series of Harvard Business Review articles and best-selling books, Norton and Kaplan became synonymous with the Balanced Scorecard model. By 1998, the model had been adopted by 62 percent of the Fortune 500, and Norton and Kaplan had begun a professional services firm around performance measurement. Today, the firm has more than 200 clients and 62 professionals in offices in Boston, London, and Australia.
As expected, the consulting and software industries have jumped on board to offer their own versions of the Balanced Scorecard, much to Norton's amusement
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