BSC in Sweden

BSC in Sweden -


Since its launch in the early 1990s, the Balanced Scorecard concept has attracted widespread interest. One of the regions where it has registered great success is the Scandinavia. Countries like Norway, Finland, Denmark or Sweden are registering according with the latest studies high Balanced Scorecard adoption rates.


According with a research study of major Swedish companies performed by Kald and Nilsson in 2000, 27% of the surveyed companies had already implemented the Balanced Scorecard methodology by that date, while the share of the companies that acknowledged they are expecting to implement the BSC by 2002 was 61%. (Christian and Trond, 2005)


Based on this information, which suggests a high rate of diffusion of the concept in a short period of time, Christian and Trond (2005) acknowledge that a major role had to be attributed to the way the BSC idea has been communicated into Sweden.


Survey purpose

Starting from this presumption, Christian and Trond (2005) further investigated the process of the Balanced Scorecard communication, diffusion and transformation in Sweden from a supply side perspective. More specifically the purpose of the study was:

  • To explore the way the BSC is communicated to potential adopters in Sweden
  • To identify the origin of the elements that are linked to the BSC in the communication process
  • To discuss and analyze the role that these elements play in the diffusion process


Research methodology

The research methodology used in the study was both explorative and inductive. The period covered by the study was 1992-1999, a period with rapid growth of the BSC diffusion in Sweden (Christian and Trond, 2005). The major data gathering channels were Swedish conferences, books and professional journals that promoted the BSC concept in the country.


The qualitative analyze part of the study suggest that there are three elements that the propagators of the BSC included in their BSC offer in order to make it more attractive to a potential Swedish adopter market:

  • The BSC and non – budget management
  • The BSC and the intellectual capital model
  • The BSC and the stakeholder model



According with the quantitative analyzes part of the study, which investigated the diffusion of the BSC Swedish package the results suggest that:

  • 81% or a total of 18 of the BSC presentations at the 22 conferences included elements defining the Swedish package
  • Three books and a booklet on the BSC were available at bookstores and online in Sweden, among which “The Balanced Scorecard in Swedish Practice” (Olve et al, 1997) had a dominating position.
  • 14 articles published in Swedish journals were discussing the Balanced Scorecard concept, among which, 9 or a 64,3% were analyzing elements defining the Swedish BSC package ( Christian and Trond, 2005)


For more details on the study presented above, follow the reference link listed below.



BSC in practice : By country


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