Robert S. Kaplan
Encyclopedia
Robert S. Kaplan is Baker Foundation Professor at Harvard Business School
, United States
, and co-creator, together with David P. Norton, of the balanced scorecard
, a means of linking a company's current actions to its long-term goals. Kaplan and Norton introduced the balanced scorecard method in their 1992 Harvard Business Review
article, The Balanced Scorecard: Measures That Drive Performance.
This method has been endorsed by such as Mobil
and Sears
. The balanced scorecard envisages executives as pilots with a range of controls and indicators in front of them, based upon which they make decisions and develop strategies. He has also published in the fields of strategy
, cost accounting
and management accounting
. Prior to Harvard, Kaplan was on the faculty and was Dean of the Tepper School of Business
at Carnegie Mellon University
.
In 2006, Kaplan received the Lifetime Contribution Award from the Management Accounting Section of the American Accounting Association.
In 2006, Kaplan was named to the Accounting Hall of Fame
.
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, and co-creator, together with David P. Norton, of the balanced scorecard
Balanced scorecard
The Balanced Scorecard is a strategic performance management tool - a semi-standard structured report, supported by proven design methods and automation tools, that can be used by managers to keep track of the execution of activities by the staff within their control and to monitor the...
, a means of linking a company's current actions to its long-term goals. Kaplan and Norton introduced the balanced scorecard method in their 1992 Harvard Business Review
Harvard Business Review
Harvard Business Review is a general management magazine published since 1922 by Harvard Business School Publishing, owned by the Harvard Business School. A monthly research-based magazine written for business practitioners, it claims a high ranking business readership among academics, executives,...
article, The Balanced Scorecard: Measures That Drive Performance.
This method has been endorsed by such as Mobil
Mobil
Mobil, previously known as the Socony-Vacuum Oil Company, was a major American oil company which merged with Exxon in 1999 to form ExxonMobil. Today Mobil continues as a major brand name within the combined company, as well as still being a gas station sometimes paired with their own store or On...
and Sears
Sears Holdings Corporation
Sears Holdings Corporation is a retail conglomerate formed in 2005 by the merger of Sears, Roebuck and Co., of Hoffman Estates, Illinois, with Kmart Holdings Corporation, of Troy, Michigan...
. The balanced scorecard envisages executives as pilots with a range of controls and indicators in front of them, based upon which they make decisions and develop strategies. He has also published in the fields of strategy
Strategy
Strategy, a word of military origin, refers to a plan of action designed to achieve a particular goal. In military usage strategy is distinct from tactics, which are concerned with the conduct of an engagement, while strategy is concerned with how different engagements are linked...
, cost accounting
Cost accounting
Cost accounting information is designed for managers. Since managers are taking decisions only for their own organization, there is no need for the information to be comparable to similar information from other organizations...
and management accounting
Management accounting
Management accounting or managerial accounting is concerned with the provisions and use of accounting information to managers within organizations, to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control...
. Prior to Harvard, Kaplan was on the faculty and was Dean of the Tepper School of Business
Tepper School of Business
The Tepper School of Business is a private business school located on Carnegie Mellon University’s campus in Pittsburgh, Pennsylvania, USA.The school consistently ranks highly among the top business schools in the U.S., as well as in a wide range of specializations, such as finance,...
at Carnegie Mellon University
Carnegie Mellon University
Carnegie Mellon University is a private research university in Pittsburgh, Pennsylvania, United States....
.
In 2006, Kaplan received the Lifetime Contribution Award from the Management Accounting Section of the American Accounting Association.
In 2006, Kaplan was named to the Accounting Hall of Fame
Accounting Hall of Fame
The Accounting Hall of Fame is an award "recognizing accountants who are making or have made a significant contribution to the advancement of accounting" since the beginning of the 20th century. Inductees are from both accounting academia and practice...
.
Books and articles
- Relevance Lost: The Rise and Fall of Management Accounting, with H. Thomas Johnson. Harvard Business School Press, 1987.
- Implementing Activity-Based Cost Management: Moving From Analysis to Action, with Robin Cooper, Larry Maisel, Eileen Morrissey and Ronald M. Oehm. Institute of Management Accountants, 1992.
- The Balanced Scorecard: Measures That Drive Performance, with David P. Norton. Harvard Business Review, January-February 1992.
- Putting the Balanced Scorecard to Work, with David P. Norton. Harvard Business Review, September-October 1993.
- The Balanced Scorecard: Translating Strategy Into Action, with David Norton. Harvard Business School Press, 1996.
- Cost and Effect: Using Integrated Cost Systems to Drive Profitability and Performance, with Robin Cooper. Harvard Business School Press, 1998.
- Advanced Management Accounting, 3rd ed., with Anthony A. Atkinson. Prentice Hall, 1998.
- Design of Cost Management Systems, 2nd ed., with Robin Cooper. Prentice Hall, 1998.
- The Strategy-Focused Organization: How Balanced Scorecard Companies Thrive in the New Business Environment, with David P. Norton. Harvard Business School Press, 2000.
- Management Accounting, 3rd ed., with A. Atkinson, R. Banker and M. Young. Prentice Hall, 2001.
- Strategy Maps: Converting Intangible Assets into Tangible Outcomes, with David P. Norton. Harvard Business School Press, 2004.
- Measuring the Strategic Readiness of Intangible Assets, with David P. Norton. Harvard Business Review, February 2004.
- Time-Driven Activity-Based Costing, with David P. Norton. Harvard Business Review, November 2004.
- The Office of Strategy Management, with David P. Norton. Harvard Business Review, October 2005.
- Alignment: Using the Balanced Scorecard to Create Corporate Synergies, with David P. Norton. Harvard Business School Press, 2006.
- How to Implement a New Strategy Without Disrupting Your Organization, with David P. Norton. Harvard Business Review, March 2006.
- Management Accounting, 5th ed., with Anthony A. Atkinson, Ella Mae Matsumura, and S. Mark Young. Prentice Hall, 2007.
- Time-Driven Activity-Based Costing: A Simpler and More Powerful Path to Higher Profits, with Steven R. Anderson. Harvard Business School Publishing, 2007.
- Execution Premium, with David P. Norton. Harvard Business School Press, 2008.
- The major idea underlying the balanced scorecard is that the company should not concentrate on merely financial perspective, but also consider such factors as customer satisfaction, organizational learning and training, internal business processes