SINGAPORE and LINCOLN, Mass., Nov. 22 --PRNewswire-AsiaNet/InfoQuest Breakthrough Performance Results Lauded at Asia Pacific Seminar Balanced Scorecard Collaborative, Inc. today announced it has named E-Land, Thai Carbon Black, and Western Water to the Balanced Scorecard Hall of Fame(TM) for achieving breakthrough performance results using the Balanced Scorecard (BSC). The awards were presented today to officers of each organization at a Balanced Scorecard seminar, "Strategy Maps: The Continuing Journey of the Balanced Scorecard" held this week in Singapore. "Today's winners have achieved breakthrough performance results using the Balanced Scorecard and are truly Strategy-Focused Organizations," said Balanced Scorecard Collaborative president Dr. David P. Norton. "We are delighted to join them in celebrating their success." Hall of Fame Honorees Thai Carbon Black Thai Carbon Black Public Co., Ltd. (TCB) is part of the Aditya Birla Group, a leading industrial house from India, operating in 12 countries and 40 manufacturing units with 72,000 employees working worldwide. The group has an asset base of USD $6 billion. Thai Carbon Black began using the Balanced Scorecard to link objectives, initiatives, and metrics to the strategy, and deploy it to every level of the organization. Notes CEO S. Srinivasan, "Today our BSC program includes linkages to our aggressive growth plans to retain the position of being the 'world's largest carbon black plant at a single location,' our market rationalization, new product development, financial budgeting, employee development and compensation system, technology initiatives, and even our community initiatives and social development programs. Since its initiation in 2001, our results have been excellent: Profitability ratios are robust and better than [our competitors], return on assets is up, and assets are growing consistently." A Steuben crystal called "Rising Star," designed by Robert Cassetti, was presented to today's winners, who join 52 other member organizations of the BSC Hall of Fame. About the Balanced Scorecard The Balanced Scorecard (BSC) concept-created by Drs. Robert S. Kaplan and David P. Norton in 1992-has been implemented in thousands of corporations, organizations, and government agencies worldwide and has been cited by Harvard Business Review as one of the most important ideas of the past seventy-five years. Based on the simple premise that "measurement motivates," the BSC puts strategy at the center of the management process, allowing organizations to implement strategies rapidly and reliably. About Balanced Scorecard Collaborative Balanced Scorecard Collaborative, Inc. (BSCol) is a global family of professional service firms that help clients use the Balanced Scorecard to successfully execute strategy. To learn more, visit http://www.bscol.com For more information: Robert L. Howie, Jr. Balanced Scorecard Collaborative, Inc. 781.402.1192 [email protected] Robert L. Howie, Jr. Balanced Scorecard Collaborative, Inc. 781.402.1192 [email protected] SOURCE: Balanced Scorecard Collaborative, Inc. CONTACT: Robert L. Howie, Jr., +1-781-402-1192, [email protected], or Robert L. Howie, Jr., +1-781-402-1192, [email protected], both of Balanced Scorecard Collaborative, Inc. Web site: http://www.bscol.com --Distributed by AsiaNet (www.asianetnews.net)--