SOME ASPECTS OF THE BALANCED SCORECARD USE IN LITHUANIAN PUBLIC SECTOR

Abstract

The article addresses the topic of balanced scorecard use in a public sector environment. While balanced
scorecard is extensively studied in business management, there is a limited scope of such research on applications
in non-profit organizations, and practically no research on balanced scorecard use in a public sector in Lithuania.
The article reviews the evolution of balanced scorecard system from a merely measurement tool to a strategic
management system and presents the difference of balanced scorecard use for private companies from non-profit
organizations. The research presents a fragment of a concrete Lithuanian political party strategic program translated
into terms of balanced scorecard system, enabling us to assess the balance of the strategy regarding four
different perspectives, and the consistency of strategic goals, respectively their measures, targets and initiatives.