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Robert S. Kaplan (1940--) is Baker Foundation Professor at Harvard Business School and co-creator, together with David P. Harvard Business School ( HBS) is a renowned Business school in the United States Norton, of the balanced scorecard, a means of linking a company's current actions to its long-term goals. The Balanced Scorecard (BSC is a Performance management tool which began as a concept for measuring whether the smaller-scale operational activities of a company are aligned Kaplan and Norton introduced the balanced scorecard method in their 1992 Harvard Business Review article, The Balanced Scorecard: Measures That Drive Performance. Harvard Business Review is a general Management Magazine published since 1922 by Harvard Business School Publishing, owned by the Harvard This method has been endorsed by corporate heavyweights such as Mobil and Sears. Mobil Gas Station by David Shankbonejpg|thumb|Mobil gas station East Village section of New York City]] Mobil was a major American oil company Sears Holdings Corporation ( is the sixth largest retailer in the United States, behind Wal-Mart, The Home Depot, Costco, Target 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 extensively in the fields of strategy, cost accounting and management accounting. A Strategy is a long term plan of action designed to achieve a particular goal, most often "winning In Management accounting, cost accounting is that part of management accounting which establishes budget and actual cost of operations processes departments or product and Management 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 Prior to Harvard, Kaplan was on the faculty and was Dean of the Tepper School of Business at Carnegie Mellon University. The Tepper School of Business is a private Business school located on Carnegie Mellon University ’s campus in Pittsburgh, Pennsylvania Carnegie Mellon University (also known as CMU) is a private Research University in Pittsburgh, Pennsylvania, United

In 2006, Kaplan received the Lifetime Contribution Award from the Management Accounting Section of the American Accounting Association.

Also in 2006, Kaplan was named to the 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

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