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David P. Norton (born 1941) is an American business theorist, business executive and management consultant, known as co-creator, together with
Robert S. Kaplan Robert Samuel Kaplan (born 1940) is an American accounting academic, and Emeritus Professor of Leadership Development at the Harvard Business School. He is known as co-creator of Balanced Scorecard. together with David P. Norton. Biography K ...
, of the
Balanced Scorecard A balanced scorecard is a strategy performance management tool – a well structured report, that can be used by managers to keep track of the execution of activities by the staff within their control and to monitor the consequences arising from t ...
. David P. Norton co-founded Palladium Group, Inc. (previously Balanced Scorecard Collaborative) and served as its Chief Executive Officer.


Biography

Norton obtained his BS in Electrical Engineering in the early 1960s from
Worcester Polytechnic Institute '' , mottoeng = "Theory and Practice" , established = , former_name = Worcester County Free Institute of Industrial Science (1865-1886) , type = Private research university , endowm ...
. He continued his studies at the
Florida Institute of Technology The Florida Institute of Technology (Florida Tech or FIT) is a private research university in Melbourne, Florida. The university comprises four academic colleges: Engineering & Science, Aeronautics, Psychology & Liberal Arts, and Business. Appr ...
, where he obtained his MS in Operations Research and his MBA from the
Florida State University Florida State University (FSU) is a public research university in Tallahassee, Florida. It is a senior member of the State University System of Florida. Founded in 1851, it is located on the oldest continuous site of higher education in the sta ...
. For his graduate studies he moved to the
Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...
, where he obtained his
Doctor of Business Administration The Doctor of Business Administration (DBA) is either a professional doctorate or a research doctorate, depending on the granting university, awarded on the basis of advanced study, examinations, project work, and research in business administrati ...
.David P. Norton, Executive Profile
at ''bloomberg.com,'' Accessed 10.02.2015.
Norton started his career in industry. With Richard L. Nolan, he co-founded the consulting firm Nolan, Norton & Co in 1975, and served as its president. When the firm was acquired by
KPMG Peat Marwick KPMG International Limited (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a net ...
in 1987, Nolan became Partner in the firm until 1992. In 1992 Norton became founding President of Renaissance Solutions, Inc., and became its Chief Executive Officer in 1993. He also co-founded, with
Robert S. Kaplan Robert Samuel Kaplan (born 1940) is an American accounting academic, and Emeritus Professor of Leadership Development at the Harvard Business School. He is known as co-creator of Balanced Scorecard. together with David P. Norton. Biography K ...
, ESM Software Group, rebranded as the Palladium Group, with the Balanced Scorecard Collaborative (BSCol) as a subsidiary, and was its Chief Executive Officer until 2007. As of 2015, the Palladium Group was acquired by GRM International (with the combined business rebranded
Palladium International Palladium (also known as "The Palladium Group", "Palladium Holdings" or "Palladium International") is an international development sector advisory, management and implementation firm, representing the combination of seven prior companies: GRM Inte ...
). Norton and Kaplan remain affiliated with
Palladium Palladium is a chemical element with the symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by the English chemist William Hyde Wollaston. He named it after the asteroid Pallas, which was itself na ...
. Norton and
Robert S. Kaplan Robert Samuel Kaplan (born 1940) is an American accounting academic, and Emeritus Professor of Leadership Development at the Harvard Business School. He is known as co-creator of Balanced Scorecard. together with David P. Norton. Biography K ...
created the
balanced scorecard A balanced scorecard is a strategy performance management tool – a well structured report, that can be used by managers to keep track of the execution of activities by the staff within their control and to monitor the consequences arising from t ...
, 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'' (''HBR'') is a general management magazine published by Harvard Business Publishing, a wholly owned subsidiary of Harvard University. ''HBR'' is published six times a year and is headquartered in Brighton, Massach ...
'' article, ''The Balanced Scorecard: Measures That Drive Performance''.


Selected publications

* Kaplan, Robert S., and David P. Norton, ''Strategy maps: Converting intangible assets into tangible outcomes.'' Harvard Business Press, 2004. * Kaplan, Robert S., and David P. Norton, ''The strategy-focused organization: How balanced scorecard companies thrive in the new business environment.'' Harvard Business Press, 2001.


Articles

* Kaplan, Robert S., and David P. Norton, "The Balanced Scorecard: Measures That Drive Performance," ''Harvard Business Review,'' Jan.–Feb. 1992. * Kaplan, Robert S., and David P. Norton, "The balanced scorecard: translating strategy into action." ''Harvard Business Press,'' 1996. * Kaplan, Robert S., and David P. Norton, "Using the balanced scorecard as a strategic management system." ''Harvard Business Review ''74.1 (1996): 75-85.


References


External links


David P. Norton, Executive Profile
at ''bloomberg.com, {{DEFAULTSORT:Norton, David P. 1941 births Living people American businesspeople American business theorists Worcester Polytechnic Institute alumni Florida Institute of Technology alumni Florida State University alumni Harvard Business School alumni Place of birth missing (living people) Date of birth missing (living people)