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We introduce the balanced crown decomposition that captures the structure imposed on graphs by their connected induced subgraphs of a given size. Such subgraphs are a popular modeling tool in various application areas, where the non-local nature of the connectivity condition usually results in very challenging algorithmic tasks. The balanced crown decomposition is a combination of a crown decomposition and a balanced partition which makes it applicable to graph editing as well as graph packing and partitioning problems. We illustrate this by deriving improved kernelization and approximation algorithms for a variety of such problems. In particular, through this structure, we obtain the first constant-factor approximation for the Balanced Connected Partition (BCP) problem, where the task is to partition a vertex-weighted graph into $k$ connected components of approximately equal weight. We derive a 3-approximation for the two most commonly used objectives of maximizing the weight of the lightest component or minimizing the weight of the heaviest component.