Strategic Balanced Scorecard in a manufacturing environment

If you are in manufacturing, or are simply looking for joined up working, then you will find this case study of an integrated sales, design and manufacturing strategy map and scorecard useful.

A few years ago we were approach by a manufacturing company wanting a balanced scorecard to help them with their strategy.  The MD [...]

Cascading balanced scorecards

I saw a question on cascading balanced scorecards recently and here was my reply

Here are some simple rules that I employed when I worked with Norton & Kaplan and have applied since

1) Cascade objectives rather than measures.

While some measures cascade many do not naturally translate across organisational boundaries or down through the [...]

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 [...]

Strategy maps for different purposes

Strategy maps for different purposes

I recently spoke at a conference on the balanced scorecard and where Paul Niven was also speaking. When he did an explanation of strategy maps and did an exercise the audience produce three very different types of strategy map.

One version was the true cause and effect version where their [...]

Prof Bob Kaplan: Strategy maps and themes as aids to communicating strategy

Prof Bob Kaplan: Strategy maps and themes as aids to communicating strategy

Last night I attended Bob Kaplan’s presentation in London on his latest thinking around scorecard development. His talk was entitled “Communicating strategy and managing the strategy execution process with strategic themes”.

In the first part of his talk he explained how companies are [...]

“Work-Life balance”: A dangerous way to think about the issue

“Work-Life balance”: A dangerous way to think about the issue

You hear it all over the place nowadays. “I need a better work-life balance”. “People have their work-life balance wrong”.”You need to improve your work-life balance”.

What this all suggests is that work and life are at the opposite ends of a scale. Like a [...]