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The Strategic Management of the Government in the Era of Knowledge Economy:The Application of the Balanced Scorecard to the Public Sector / Lu Tai-Wei

The improvement of information technology have made global environment dramatically changed. For strategic management, the private sector adopt "The Balanced Scorecard", which is developed by Robert Kaplan who is the professor in Harvard University and David Norton who is the CEO in Nolan Norton Institute. Although the operations between the public sector and the private sector are quite different, we argue that as long as we modify the Balanced Scorecard, we can still apply it to the public sector. We might have difficulties carrying out the Balanced Scorecard, but we believe that modified Balanced Scorecard will benefit the performance management, strategic management, and policy planning of the public sector.