by Phil Jones | Updated 20 Jun, 2018 | Balanced scorecards and risk management, Managing uncertainty & risk
The way that balanced scorecards manage risks is completely misunderstood. It is nonsense to suggest that they do not mention, address or manage risks. Balanced scorecards do manage risk, when used as part of a strategic balanced scorecard approach. Then, Strategic...
by Phil Jones | Updated 22 Feb, 2018 | Balanced scorecards and risk management, Managing uncertainty & risk
So what planning horizon should I use for my balanced scorecard? 1 year, 2 years, 6, 10 perhaps? First recognise that different tools in the overall Balanced Scorecard approach to strategic management are for different planning horizons. Tangible future for 10...
by Phil Jones | Updated 20 Jun, 2018 | Balanced scorecards and risk management, Managing uncertainty & risk
How do you manage risks with the balanced scorecard? How is risk management integrated with the balanced scorecard? I’ve been thinking about this. A little thought brought me to three conclusions about the balanced scorecard and risks. To get to these...
by Phil Jones | Updated 12 Jul, 2018 | Balanced Scorecard Questions & Answers, Balanced scorecards and risk management, Modern Balanced Scorecards
Eight ways your balanced scorecard should be helping you in an uncertain environment (Part 2) This article provides four more ways that a good balanced scorecard should be helping you. It also includes a check list you can action immediately. In the last article I...
by Phil Jones | Updated 30 May, 2020 | Balanced Scorecard Questions & Answers, Balanced scorecards and risk management, Managing uncertainty & risk
Your balanced scorecard should be helping you in an uncertain economic climate The current environment is an excellent test of your balanced scorecard. Does it still serve you well as the economy changes, with credit tightening, interest rate and exchange rate...