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Excitant > Articles > Balanced Scorecard 101

Using Modern Balanced Scorecards to Manage Strategy & Performance Better

Best Practice articles and videos to help you avoid mistakes and be more effective, when you design and implement your Strategic Balanced Scorecard.

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1) Balanced Scorecard 101?
Four things to understand before you start:

  • Sesame Street's influence on the Balanced Scorecard
  • How organisational governance affects your balanced scorecard
  • Strategic vs Operational Balanced Scorecards: Understanding the difference
  • Why you should never build a Balanced Scorecard for an organisation: what you should do instead.

Balanced Scorecard 101: Before you start a Balanced Scorecard project

2) Designing a Balanced Scorecard? Set off on the right path and avoid mistakes on the way.

  • When is a Balanced Scorecard not a Balanced Scorecard

  • Why the most common picture of balanced scorecards that you see on the internet is dangerously misleading.

  • The importance of the perspectives and cause and effect.

Early approaches to the balanced scorecard:
What really makes a balanced scorecard balanced:
The shocking balanced scorecard statistic

3) The two most basic principles of Balanced Scorecard design

  • Why you should NEVER start with Measures; Objectives before measures

  • Avoiding the biggest mistake in most balanced scorecards: Ignoring the Cause and Effect relationship.

  • Two simple exercises to improve any scorecard

Balanced Scorecard 101: Objectives before measures and cause and effect

4) Managing a Balanced Scorecard Project?
Five things to consider to ensure success

5) Using Strategy maps?
Strategy mapping: An introduction

Strategy Maps are fundamental to modern Balanced Scorecards and how effective your approach is:

  • The benefits of strategy mapping.
  • Making balanced scorecards a tool of strategy.
  • Examples of strategy maps.
  • The mistakes to avoid when developing strategy maps.

Strategy mapping: an introduction to Strategy Maps

6) Want to ensure organisational Alignment?
How Balanced Scorecards help execution

  • How we saved £40m in one client.
  • Is your balanced scorecard going to make a difference to your strategy?.
  • If the organisation were an organism, with a strategic illnesses, what would it be like?  Here are some examples of those diseases, their symptoms and some case studies of how we cured them. It is a light-hearted look, with a serious message. How a modern balanced scorecard can cure organisational diseases:

Measuring or Managing? What is the role of your Balanced scorecard?

8) The Balanced Scorecard approach has evolved. Fourth Generation Balanced Scorecards

Organisational diseases

Does your Balanced Scorecard
Communicate your Strategy?