Trent inducted into the balanced scorecard hall of fame
June 29, 2005

Trent Ltd, was inducted into the Balanced Scorecard Hall Of Fame in 2005. Trent is only the 2nd Indian company after Tata Motors to receive this prestigious honour. Trent joins 58 other member organisations of the Hall of Fame. The BSC implementation at Trent, championed by the managing director, Noel Tata, and co-owned by the senior management team has been instrumental in driving significant growth in its profitability, turnover, number of stores, and customer satisfaction levels.

The Hall of Fame award was received on behalf of Trent by K V S Seshasai, Head - IT and corporate quality at a ceremony in Kuala Lumpur. The award was handed over by Dr Robert Kaplan, Marvin Bower Professor of Leadership Development, Harvard Business School, and Creator of the Balanced Scorecard.

Recipients of the Balanced Scorecard Hall of Fame award are best-practice exemplars of the five principles of a Strategy-Focused Organisation as defined by Drs Robert S Kaplan and David P Norton, creators of the Balanced Scorecard and Strategy-Focused Organisation concepts. Hall of Fame members are personally selected by Drs Kaplan and Norton.