The Balanced Scorecard - Simplest explanation ever

The Balanced Scorecard - Simplest explanation ever
The Balance scorecard is very relevant in terms of business studies, business tutorials, business meetings and just overall in the world of business. This video covers all the perspectives of the
Balanced Scorecard and makes it easier for people to remember it.
If you love the content here or found this video useful, useful, feel free to buy me a coffee! Your support will be highly appreciated! :)
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This simple video is derived from expert input and the presentation style is deliberately kept simple and concise as always.
Please like & share the video and subscribe to this channel to express support. I intend to dedicate time and resources to improve the quality & presentation of future content.
Music: www.bensound.com

Пікірлер: 192

  • @zackterm8886
    @zackterm88862 жыл бұрын

    Not sure if you’re still looking at comments but this really helped me with my accounting coursework and summed it up very well for me. Keep up the good work 👍🏾

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Hello Zack. Yes I do look at every single comment, and respond to most. I sometimes slip for a few days, but always do catch up. So I appreciate your comment, and will encourage you to check other content here too. In terms of more tutorials, more are definitely on their way in the new year. Cheers! 👍👍🙂

  • @No.ThatPrettyGirl
    @No.ThatPrettyGirl3 жыл бұрын

    PERFECT, to the POINT explanation. THANK YOU❣️

  • 4 жыл бұрын

    Thank you! This was very helpful and easy to undestand for a non-English speaker, helped with my basic business/BSC studies :)

  • @MisterSimplify

    @MisterSimplify

    4 жыл бұрын

    Thanks Taru! This is the reason I speak slowly and try to be clear! :)

  • @akritigupta9104
    @akritigupta91044 жыл бұрын

    Thank you...this was so helpful and understandable.

  • @naaameley3788
    @naaameley37883 жыл бұрын

    Excellent explanations on the Balance Scorecard. Well done.

  • @davidvargas5996
    @davidvargas59964 жыл бұрын

    The best explanation so far what balance score card is !!!!

  • @sujitdipta
    @sujitdipta4 жыл бұрын

    Nicely Explained, crisp delivery with good examples.

  • @arkay3804
    @arkay38042 жыл бұрын

    This was indeed simpler than my textbook literature. Thank you for this lecture!! 👍

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're most welcome buddy! 🙂

  • @poojapai6021
    @poojapai60214 жыл бұрын

    Thank You for the concise video!

  • @HabibRahman-jf7lp
    @HabibRahman-jf7lp4 жыл бұрын

    salute for your clear and deliberate explanation

  • @geostormy001
    @geostormy0012 жыл бұрын

    Your video helped me a lot. Never really understood this topic fully. This video was easy to grasp, short and to the point. Keep up the great work! ❤❤

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Hello! That's great! This is the very purpose of this channel. I am happy to know that it's working. Pls keep supporting! Cheers!

  • @OperaticDary
    @OperaticDary3 жыл бұрын

    Thank you, very helpful.

  • @fatyelazhari276
    @fatyelazhari2763 жыл бұрын

    This video was very helpful! thank you!

  • @amberriley7633
    @amberriley76333 жыл бұрын

    Watching all the ads without skipping so hopefully you earn something ♥️

  • @MisterSimplify

    @MisterSimplify

    3 жыл бұрын

    Thank you very much Amber! That's really nice of you! I hope I can continue making quality tutorials live up to your expectations. Take Care! :)

  • @dr.e.palani2005

    @dr.e.palani2005

    2 жыл бұрын

    @@MisterSimplify OK Sir

  • @NazriB

    @NazriB

    2 жыл бұрын

    Lies again? Hello DBS

  • @mattdimartino648

    @mattdimartino648

    2 жыл бұрын

    I don’t think I works like that

  • @haftomkahsay7076
    @haftomkahsay70764 жыл бұрын

    Thank you for Your great Explanation

  • @beulahjoseph151
    @beulahjoseph1512 жыл бұрын

    Perfect explanation. Easy to understand and remember. Thank you

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're most welcome buddy! Hope it's good enough to be shared with friends and peers! 🙂

  • @naquelamarie
    @naquelamarie4 жыл бұрын

    Thank you!

  • @sameermalik9
    @sameermalik94 жыл бұрын

    Very good! better than BS my prof is trying to feed. BIG Thank you!

  • @MisterSimplify

    @MisterSimplify

    4 жыл бұрын

    You're most welcome! :)

  • @moonoman
    @moonoman4 жыл бұрын

    Many thank, it was clear

  • @13MittaMitta13
    @13MittaMitta133 жыл бұрын

    The tile made me laugh XD. Just added it as a source in my project haha. Thanks m8.

  • @uzomaanosike21
    @uzomaanosike214 жыл бұрын

    Just as the title, well explained. Fantastic for a beginner.

  • @MisterSimplify

    @MisterSimplify

    4 жыл бұрын

    Thank you! :)

  • @kittenskorner
    @kittenskorner Жыл бұрын

    Thank you so much for this video. It has helped me to understand how a Balanced Scorecard is helpful to any company. Easier to understand than the information in my textbook

  • @MisterSimplify

    @MisterSimplify

    Жыл бұрын

    You're most welcome! We live in such an interesting with access to different media to understand concepts. It's great! Do check out some other content here! 😊

  • @dr.e.palani2005
    @dr.e.palani20052 жыл бұрын

    Much informative Sir. Thank you

  • @lesliethompson1076
    @lesliethompson10762 жыл бұрын

    Helpful for my Financial Management and Analysis class. Thanks!

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Really glad I could help! Keep up the support! 😊

  • @katieeeeeee011
    @katieeeeeee0113 жыл бұрын

    Thank you so much for this

  • @NaveenSingh-nz7vk
    @NaveenSingh-nz7vk4 жыл бұрын

    Very good and effective content

  • @amberriley7633
    @amberriley76333 жыл бұрын

    Thank you so much !!!

  • @bradinfluence3996
    @bradinfluence39962 жыл бұрын

    Very helpful and explained well, thank you!

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're welcome! 👍👍

  • @syedarmaghanhassan4652
    @syedarmaghanhassan46523 жыл бұрын

    Thanks for sharing. Best explanation ever. It was so clearn and simply put. I am big on Einstein's Quote: If you can't put it simply, you don't understand it good enough. In other videos, people are going from left and right and touching all the topics: This video hits the bull's eye. Saves time and is hence very efficient. All it took was 11 minutes to get 100% clarity on Balanced Scorecard.

  • @MisterSimplify

    @MisterSimplify

    3 жыл бұрын

    Hi Syed. Thank you so very much for your kind words. Your words encouraged me for sure. I will continue on this journey to simplify concepts. Please let me know if you wants any topics covered, and do share the content here so that it benefits others too! :)

  • @syedarmaghanhassan4652

    @syedarmaghanhassan4652

    3 жыл бұрын

    @@MisterSimplify Most Welcome. Thanks for your kind response. Sure thing. Suggestion: Process Mapping with UML Diagrams (e.g. Activity diagram, class diagram, sequence diagram etc.) I did not suggest them to you coz there is no information available on youtube regarding this; there is. I suggested it to you because I am sure that you can explain them in the best possible way- the simple way. This would also give you more audience in your lectures. God bless you. Keep posting good stuff.

  • @MisterSimplify

    @MisterSimplify

    3 жыл бұрын

    @@syedarmaghanhassan4652 I've added this to my pipeline for you. I'll let you know when they are ready. :)

  • @yougiovesjotube
    @yougiovesjotube3 жыл бұрын

    really good explanation!

  • @patriciausifo311
    @patriciausifo3119 ай бұрын

    Thanks short and straight to the point

  • @MisterSimplify

    @MisterSimplify

    9 ай бұрын

    👍👍

  • @kaushallyahathurusinghe4889
    @kaushallyahathurusinghe48893 жыл бұрын

    Best explanation on balance scorecard.

  • @abdullahalsawae4573
    @abdullahalsawae45734 жыл бұрын

    so is it like an official paper with a format or just a theory

  • @hakimhusein5177
    @hakimhusein51774 жыл бұрын

    thank you very much

  • @adeboyeakinsola768
    @adeboyeakinsola7684 жыл бұрын

    Very helpful

  • @deeptisutar25
    @deeptisutar252 жыл бұрын

    Very well explained ☺️

  • @mjselfmadehimself
    @mjselfmadehimself2 жыл бұрын

    thank you so much for your clarification! well done

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're most welcome, MJ! Pls keep supporting! 😊

  • @apiyoogubala1206
    @apiyoogubala12062 жыл бұрын

    very well simplified. Thank you.

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're most welcome! ☺

  • @dr.e.palani2005
    @dr.e.palani20052 жыл бұрын

    Sir Clearly explained the concept of balance score card. Thank you

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're most welcome. Glad I could help! :)

  • @mr.harsheshpatel4815
    @mr.harsheshpatel48152 жыл бұрын

    Very well explained in a simple way. Thank you. Harsheshkumar Ramanlal Patel Assistant Professor S. R. Luthra Institute of Management, Surat, Gujarat.

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Hi Harshal. Thank you very much for your feedback. Pls feel free to recommend topics you want covered.

  • @mNouh100
    @mNouh100 Жыл бұрын

    Great explanation

  • @Fegranata
    @Fegranata2 жыл бұрын

    Thank you very much!!! Very helpful

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You are very welcome. Please keep supporting! 😊

  • @brownguy8566
    @brownguy8566 Жыл бұрын

    Very easy to understand thank u

  • @MisterSimplify

    @MisterSimplify

    Жыл бұрын

    You're welcome buddy! Pls keep supporting! 🙂

  • @ordinaryman1824
    @ordinaryman18242 жыл бұрын

    Really useful

  • @sarth_shanbhag
    @sarth_shanbhag2 жыл бұрын

    Thank you so much..this is blessing before exams!

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're most welcome! And I wish you luck for your exams! 👍👍

  • @officialtroller-

    @officialtroller-

    2 жыл бұрын

    which exam

  • @nupurgautam1
    @nupurgautam14 жыл бұрын

    good effort

  • @ntcuong01ct1
    @ntcuong01ct13 жыл бұрын

    Dear friends, I have a question: I want to display the core competency of a company through strategy map, balanced scorecard. Could you help?. Thank you.

  • @lathaa5209
    @lathaa52092 жыл бұрын

    Excellent presentation Thank you sir

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Glad to be of help! :)

  • @raghukv7062
    @raghukv70622 жыл бұрын

    Very helpful information

  • @ramdeepkaur1754
    @ramdeepkaur17544 жыл бұрын

    Tq 👌👌

  • @thisararathnayake2828
    @thisararathnayake28284 жыл бұрын

    good lecture

  • @hooby4000
    @hooby40002 жыл бұрын

    The best explanation ever sir🙏❤️

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Thanks for your appreciation!

  • @viggoGodisgreat
    @viggoGodisgreat2 жыл бұрын

    great video, thank you for posting

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're most welcome! 🙂

  • @najyhayoung864
    @najyhayoung864 Жыл бұрын

    Wow Balance scorecard made easy. Very educative thumbs up.👍🙏🏻

  • @MisterSimplify

    @MisterSimplify

    Жыл бұрын

    😊😊👍👍

  • @dr.kausarunnisa5728
    @dr.kausarunnisa57282 жыл бұрын

    Excellent presentation on Balance Scorecard. Thank You.

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You are most welcome! Thank you for the support!

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Pls feel free to recommend topics you want covered.

  • @cmeducation
    @cmeducation2 жыл бұрын

    Thanks a lot 👍

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You are welcome! :)

  • @nishitdavda6410
    @nishitdavda64102 жыл бұрын

    Thank you sir

  • @neetadhadus3868
    @neetadhadus38682 жыл бұрын

    Much helpful

  • @sigaming675
    @sigaming6753 жыл бұрын

    Thank you for making this video

  • @MisterSimplify

    @MisterSimplify

    3 жыл бұрын

    You are most welcome buddy!

  • @dr.shitalpadhiyar1015
    @dr.shitalpadhiyar10152 жыл бұрын

    Nice one.

  • @manoharchaudhari5319
    @manoharchaudhari53192 жыл бұрын

    Nice Information. Sir.

  • @anjelicaong
    @anjelicaong11 ай бұрын

    Thanks!

  • @MisterSimplify

    @MisterSimplify

    11 ай бұрын

    🙂👍

  • @vijaynagpure5716
    @vijaynagpure57162 жыл бұрын

    Thank you.

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're welcome! :)

  • @shahabbilash6533
    @shahabbilash65332 жыл бұрын

    Excellent. Want More

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Hi Shahab! More on the way for sure! Keep up the support! :)

  • @vorachintan
    @vorachintan2 жыл бұрын

    Good One.

  • @preciouskachingwe7952
    @preciouskachingwe79522 жыл бұрын

    well explained chief, excellent lecture

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Glad you found it helpful! 🙂

  • @kaiserali6972
    @kaiserali69723 жыл бұрын

    EXCELLENT

  • @flowerseason8
    @flowerseason83 жыл бұрын

    Thanks king

  • @BABU-uh1iw
    @BABU-uh1iw2 жыл бұрын

    Thank You Sir

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You are most welcome sir!

  • @chintanmodi2084
    @chintanmodi20842 жыл бұрын

    Very good

  • @jaiganeshd6499
    @jaiganeshd64992 жыл бұрын

    Thank you for the nice session

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You are welcome! :)

  • @kunupakarna.747
    @kunupakarna.747 Жыл бұрын

    THANK YOU SO MUCH ABOUT KPI AND OTHERS ^________^

  • @MisterSimplify

    @MisterSimplify

    Жыл бұрын

    You're most welcome, my friend! 😊😊

  • @chandrabhushankumar928
    @chandrabhushankumar9284 жыл бұрын

    GREAT

  • @sowmyaass6037
    @sowmyaass60373 жыл бұрын

    Nice explanation

  • @vijaynikamthakur3916
    @vijaynikamthakur39162 жыл бұрын

    balanced our knowledge perfectly

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    I highly appreciate your feedback. Pls feel free to recommend topics you want covered. :)

  • @rizwanhabib6972
    @rizwanhabib69723 жыл бұрын

    Nice delivery skills..... have u made any video for Building Block Model?

  • @MisterSimplify

    @MisterSimplify

    3 жыл бұрын

    Hi Rizwan. The Building Block Model hasn't been covered yet. I have added it to the pipeline for you!

  • @ramiladuraiarasan1275
    @ramiladuraiarasan12752 жыл бұрын

    Thank you for sharing

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You are most welcome! :)

  • @trushagajjar4186
    @trushagajjar41862 жыл бұрын

    Really a informative session

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Glad you liked it! :)

  • @sonalirai2175
    @sonalirai21752 жыл бұрын

    Thank you so much please keep making video on such topics

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Hi Sonali. Thank you for appreciating! Pls do let me know of any topics you'd want to recommend! 🙂

  • @sonalirai2175

    @sonalirai2175

    2 жыл бұрын

    @@MisterSimplify kaizen costing thoroughput accounting

  • @sonalirai2175

    @sonalirai2175

    2 жыл бұрын

    I'll keep updating more topics and I'll share these topics with my class

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    @@sonalirai2175 That's great Sonali! Yes, do feel free to recommend more topics. I've added Kaizen to the pipeline for you. Take care! 🙂

  • @sonalirai2175

    @sonalirai2175

    2 жыл бұрын

    @@MisterSimplify thanks for considering my request ❤️

  • @sudherjain3836
    @sudherjain38362 жыл бұрын

    Nice session

  • @dr.amalendusamanta
    @dr.amalendusamanta2 жыл бұрын

    very helpful video

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Glad it was helpful! :)

  • @dhvanidesai6855
    @dhvanidesai68552 жыл бұрын

    nice explanations

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Thank you for your support! :)

  • @dr.nagamanikn
    @dr.nagamanikn2 жыл бұрын

    Interesting session

  • @nagarajmullody5058
    @nagarajmullody50582 жыл бұрын

    Highly informative

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Glad to be of help! :)

  • @ajaykaushik2272
    @ajaykaushik22722 жыл бұрын

    awesome thanks a lot for the video 🙂

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're most welcome Ajay! 😊😊

  • @ajaykaushik2272

    @ajaykaushik2272

    2 жыл бұрын

    @@MisterSimplify This helped out for my cost management exam Thanks again 👍🙂🙂

  • @bilaskale5154
    @bilaskale51542 жыл бұрын

    This session is very interesting

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Glad to be of help! :)

  • @dr.faithadhiambo254
    @dr.faithadhiambo2542 жыл бұрын

    Thanks much

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're welcome!

  • @asheniranka8792
    @asheniranka87923 жыл бұрын

    thanks

  • @vincreation6366
    @vincreation63662 жыл бұрын

    Very nice and informative session sir ...

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Thank you! :)

  • @dr.rajeshdongare4164
    @dr.rajeshdongare41642 жыл бұрын

    Excellent explain

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Thanks for your feedback. Glad to be of help! :)

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Pls do feel free to recommend topics you want covered.

  • @ntcuong01ct1
    @ntcuong01ct13 жыл бұрын

    Dear friends, I want to setup link between the financial budget and the balanced scorecard. How do I setup?.

  • @katiegreenwood7015
    @katiegreenwood70154 жыл бұрын

    wery useful

  • @hsminder49
    @hsminder492 жыл бұрын

    Supporting 100% harminder

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    Thank you very much! 😊

  • @dr.emonkalyanchowdhury7134
    @dr.emonkalyanchowdhury71343 жыл бұрын

    Excellent presentation. May I request you to send me the slides?

  • @dadhichijoshi2235
    @dadhichijoshi22352 жыл бұрын

    Nice video

  • @yashaswinisingh7329
    @yashaswinisingh73292 жыл бұрын

    I have my exam tomorrow and you made it easier to understand... Bless you and thank you so much 😭🙏

  • @MisterSimplify

    @MisterSimplify

    2 жыл бұрын

    You're most welcome! I am glad I could help. I hope your exam went well. Stay subscribed and keep sharing! ☺

  • @BlessGodMinistry
    @BlessGodMinistry3 жыл бұрын

    Appreciate the help bro thanks so much! God bless you and your family Jesus loves you and thats why he died for our sins and rose again is the only way to heaven. Wish you the best in the future! Once again thank you bro

  • @MisterSimplify

    @MisterSimplify

    3 жыл бұрын

    Hi bro! Thank you very much for your kind words and blessings. I also wish you and your family health, happiness and success!

  • @neodelphi
    @neodelphi4 жыл бұрын

    i wast first like what the heck is a wishion? got it in the end thanks.

  • @plaxidesnamutami06
    @plaxidesnamutami06 Жыл бұрын

    Have an exam today this was explained amazingly!💯funny how you can’t say “Vision instead Wision!😂

  • @MisterSimplify

    @MisterSimplify

    Жыл бұрын

    I suppose we all have our flaws! 😉

  • @plaxidesnamutami06

    @plaxidesnamutami06

    Жыл бұрын

    @@MisterSimplify indeed

  • @dzanderallison

    @dzanderallison

    Жыл бұрын

    @@MisterSimplify is it a flaw, or are you properly pronouncing it - in old Latin?

  • @MisterSimplify

    @MisterSimplify

    Жыл бұрын

    @@dzanderallison It's very much possible that I might be. We have wayyy too many languages, accents and dialects, as we know. However a person pronounces a word, it's very much possible that it's the correct regional variant for somewhere! 🙂🙂

  • @funtobello4619
    @funtobello46193 жыл бұрын

    Great lecture, pls will appreciate if u can give lecture on balance score card very urgent sir

  • @MisterSimplify

    @MisterSimplify

    3 жыл бұрын

    Hi Funto. Sorry, I didn't get you. This lecture is on Balanced Scorecard.

  • @funtobello4619

    @funtobello4619

    3 жыл бұрын

    @@MisterSimplify sorry buildingblocks model

  • @MisterSimplify

    @MisterSimplify

    3 жыл бұрын

    @@funtobello4619 Hi! Building Blocks Model is already in my pipeline. I will try to make a tutorial on it asap. Cheers!

  • @funtobello4619

    @funtobello4619

    3 жыл бұрын

    @@MisterSimplify thanks