IoD Balanced Scorecard for Government

This initiative introduces 10 Key Performance Indicators (KPIs) that span critical areas such as business confidence in the economy, ease of doing business, access to skills and labour, economic management, and ease of trade.

The goal is to offer a clear, data-driven assessment of how well government policies are supporting long-term economic growth and national prosperity.

By applying the balanced scorecard approach – something that is commonly used in business and is taught by the IoD via its professional development courses for directors – the IoD aims to hold government accountable in a constructive and non-partisan way. This tool will help business leaders, policymakers, and the public understand whether the government is delivering on its economic promises and where improvements are needed. It also encourages strategic alignment between public policy and the needs of the business community, fostering a more resilient and competitive economy.

Ultimately, the Balanced Scorecard for Government is about progress through transparency – empowering stakeholders with the insights needed to drive better decision-making and ensure that economic policy delivers real, measurable outcomes for the UK.