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Purpose

The paper aims to present a framework for a systems perspective for business schools to formulate strategy, assess performance and adapt to change resulting from performance, environmental and learning feedbacks.

Design/methodology/approach

The paper focuses on the balanced scorecard as a means of measuring performance and modifying business school strategies over time.

Findings

The paper provides a range of metrics for business schools from financial lenses to innovation and learning lenses, and adapts the scorecard framework to strategic processes from business planning to feedback and learning.

Originality/value

The paper links strategy formulation to key performance indicators and strategic change for business schools.

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