Given that we work in the mission-driven sector (governments, education, associations, and nonprofits), I receive a lot of questions about the Balanced Scorecard in this area. How can a for-profit concept apply in the nonprofit space? Does the Balanced Scorecard support nonprofits? Isn't this a management framework that puts financials at the top of the strategy map? Little do people know that even in the 1996 book on the Balanced Scorecard by Drs. Norton and Kaplan, there is a section on nonprofit organizations.

Of course, nonprofits need to modify the strategy map to meet their needs, just like government agencies do. Neither of these organizations is in business to make money, so the financial perspective cannot be at the top of the strategy map.