Principles of Effective balanced scorecards part 8

Principles of Effective balanced scorecards part 8

“Who cares?

It better include the Chief Executive” Now you can certainly do scorecard projects without the strategy: Without a strategic intent. What happens is that the “Do a scorecard” message comes down from the top, but there may be little guidance as to what is wanted. Involvement [...]

Principles of Effective Balanced Scorecard Part 7

Principles of Effective Balanced Scorecard Part 7

“The ability to learn faster than your competitors may be the only sustainable competitive advantage.” Arie de Geus

Whilst chatting with a manager of a largish organisation I suggested it was useful to think about organisations and how they learn, in the same way we think about people [...]

Principles of Effective Balanced Scorecards Part 6

Principles of Effective Balanced Scorecards Part 6

“Of course we have a scorecard. I designed it at home the other evening”

Very early on in my Balanced Scorecard career I heard a lovely story. Some of my colleagues had been to see a potential client about some scorecard work. It turned out he had one [...]

Principles of Effective Balanced Scorecards Part 5

Principles of Effective Balanced Scorecards Part 5

“Strategy is about what we choose to do, and what we choose not to do” Michael Porter You’ll recall, in a previous blog, we talked about a useful test of any scorecard or strategy map is, “Can I tell the strategy from this?”

You will have already realised [...]