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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. By creating a closed-loop management system, companies can avoid such shortfalls. Kaplan and Dr. David P.

System 98
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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. By creating a closed-loop management system, companies can avoid such shortfalls. Kaplan and Dr. David P.

System 85
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Four Facets of Measuring Change

Change Starts Here

It’s no coincidence that my transition to change practitioner included balanced scorecards to measure strategy execution. Examples include: revenue, profit, return on investment (ROI), cost savings, or product/service quality. Examples: levels of management, alignment, who makes decisions. The change.

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Performance Measurement

Strategy Driven

While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Examines ways to maintain and grow value through mergers, acquisitions, and portfolio management.

ROIC 62
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Effective Meeting Models

CO2

Often companies rush this process because of the cost of retaining outside support and/or the cost of being away from the office. Monthly staff meetings are usually reserved for reviewing financial performance, balance scorecard objectives, and major actions that have been forecasted in the annual strategic planning meetings.

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Help Your Team Measure Customer Experience Data More Accurately

Harvard Business Review

Specific tools like journey mapping and touchpoint management are keys that employees can use to unlock the code for many in-store and in-person experiences. It looks like this: A shortcoming with the balanced scorecard is that it gives companies a “false sense of data.”

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Customer-Centric Continuous Improvement

Harvard Business Review

That's true partly because so many organizations are still organized around functional silos, which are managed to optimize their own performance rather than to deliver value to customers. Then there's a third killer of continuous improvement: the performance management system.