Attached
One of the most valuable gifts that the Catholic
Church has contributed to the quintessence of Sri Lanka is the
education system. The semi government and private schools that we
have are headed by the catholic priests, brothers and nuns.
Historically and even today the demand for catholic schools is on the
incessant increase because of the social, cultural, spiritual and
holistic approach to education and life that they contribute to the
development of the child. Today, education has become the world’s
gecoqd biggest business enterprise. Therefore, there is a great global
Ohallenge on the overall performance evaluation of school education
is parallel to those of international and government schools. Even
though Catholic schools had entered the school education system
during the colonial times, the real improvement of the higher
education system in Sri Lanka, the significance of the school system
in the domain of Sri Lankan higher education is seemingly
inadequate. As a cause of concern, this paper is to investigate the
benefits, obstacles and challenges in implementing the balanced
scorecard (BSC) in catholic schools, more specifically, in Sri Lanka.
In today’s context many schools fail not necessarily because they
have the wrong strategy, but due to poor strategy implementation.
The balanced scorecard is one of the tools of strategy
implementation that integrates the short term operational
involvements of a school with the long term strategic direction. It
has three additional perspectives over and above the traditional
financial perspective. The other perspectives are learning and
growth, internal business processes, and customer perspectives, as
drivers of future school performance. The findings are particularly
relevant to the context of Catholic schools, providing evidence that
the BSC can overcome some of the weaknesses of schools inherent
in the area of strategic management, as identified by the literature.
