There are many free balanced scorecard tools that can be downloaded from the Internet. These tools can be used by management practitioners, students, or business scholars. It is important to note however that the free balanced scorecard tools will only be useful if customized to suit concrete conditions and situations. The free balanced scorecard tools are generic documents and software. They are useful as guides in implementing the balanced scorecard system.
Free balanced scorecard software is an all in one business package that includes all the necessary tools needed in implementing the system. Free full version software is customizable for any type of business. Graphs, spreadsheets, and metrics templates are included in the software. This will make the work of managers easier. The templates will just have to be adjusted for specific purposes. It can save a lot of time in terms of creating redundant tasks such as graph and spreadsheet creation.
Managers can also download other very specific free balanced scorecard tools. There are tools just for spreadsheet creation. Some applications could enable managers to generate a strategy map for their balanced scorecard plans. There are also computer programs that will enable users to create balanced scorecard metrics.
Information on balanced scorecard is generally free. There are downloadable PDFs and other documents that can be used as reference materials for the study of balanced scorecard. However, high end documents that offer superior value like books, electronic journals, and publications can be acquired for a fee. Their abstracts and summaries however can be extracted for reference purposes.