Abstract:
During the last years, there has been extensive argumentation regarding university accountability, the
measurement of their performance (in the educational and administrative operation) and the
publication of results with a view to more objective decision making. The strategic position of an
organization within the University environment is one of the basic and most important phases of
strategic planning. Robert Kaplan and David Norton (1992) present the Balanced Scorecard (BSC) is
widely used method to improve on an organizations performance with four different perspectives
(financial, customer, internal business process, learning and growth) and those perspectives supported
to achieving Mission and Strategies in an organization . Therefore, the present paper aims to measure
the performance in the management faculties using financial activities (cost, revenue, training and
development and welfare activities and survive) and consideration of BSC strength in performance
measurement. The findings could be used in developing strategic plans for the management faculties in
each universities and encourage to achieving organizational objectives and creating highly performed
academic and research centered organization .Based on the study no one has given more priority to
financial perspective. Also study recommended a number of recommendations where the most
important is that the Sri Lankan universities must use the (BSC) as a means to rationalize the decisions
of managers and guide their behavior and performance evaluation.
