Six Disciplines

article thumbnail

Strategy Execution and The Balanced Scorecard

Six Disciplines

Kaplan, one of the original creators of the Balanced Scorecard in 1992. Harvard Business School Working Knowledge offers up this interview with HBS professor Robert S. Key take-aways from their latest research: Companies often manage strategy in fits and starts.

article thumbnail

Balanced Scorecard - The Next Big Thing?

Six Disciplines

Many corporate managers have been introduced to a corporate management system called the Balanced Scorecard. According to the Balanced Scorecard Collaborative almost 75% of companies implementing a BSC will also implement a software solution to automate its process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Balanced Scorecards And Useful SWOT Worksheets

Six Disciplines

A while back, Quality Digest published an article on Building a Balanced Scorecard. The balanced scorecard, one of the most significant management philosophies of the last quarter-century, confronts that stratagem head-on with a simple core concept: Stop trying to manage your organization by financial measures alone.

article thumbnail

Strategy Execution and The Balanced Scorecard

Six Disciplines

Kaplan, one of the original creators of the Balanced Scorecard. Harvard Business School Working Knowledge offers up this interview with professor Robert S. Key take-aways from their latest research: Companies often manage strategy in fits and starts.

article thumbnail

The Benefits Of A Formal Strategy Execution Process

Six Disciplines

Scott Cleveland reports that a managing director of the Palladium Group (think: balanced scorecard) conducted a survey that compared two groups, one with and one without a formal strategy execution process in place.

article thumbnail

A Closed-Loop Strategy Execution System

Six Disciplines

Norton (creators of the Balanced Scorecard) offer their insights concerning the "rules" of successful strategy execution: The failure to balance the tensions between strategy and operations (execution) is pervasive. Kaplan and Dr. David P. Discipline II. Set Goals That Lead ). Discipline III.

System 98
article thumbnail

The Disconnect Between Strategy And Execution

Six Disciplines

While all of us agree there's a disconnect between strategy formulation and strategy execution, the developers of the Balanced Scorecard (Robert Kaplan and David Norton) offer up this terrifying observation: On average, 95% of a company's employees are unaware of, or do not understand, its strategy.