Remove Balanced Scorecard Remove Innovation Remove Management Remove Metrics
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Performance Measurement

Strategy Driven

We talked extensively in this book about how accounting profits or profit growth as a sole performance metric doesn’t lead to value creation. 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.

ROIC 62
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8 Reasons Companies Don’t Capture More Value

Harvard Business Review

Their innovation efforts tend to be focused wholly on the creation of new value; meanwhile, the question of how exactly they will be compensated for it usually goes unexamined. One typical reason is that top executives haven’t managed to clarify something even more fundamental: how much priority they place on increasing profit margins.

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On Creative Accounting: Two Creativity Myths

Harvard Business Review

Say that in a roomful of managers, and you get nervous laughter. Wall Street's " financial innovations " of recent years seem to have given creativity a bad name. Consider " The Balanced Scorecard." Tags: Creativity Ethics Innovation GAAP. "Creative accounting" is really bad. Except when it's good.

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Study: Female Executives Make Progress, But Mostly in Support Functions

Harvard Business Review

My gender consultancy firm, 20-First, has just published its annual Gender Balance Scorecard ( pdf ) of the top 300 companies in the world across the US, Europe and Asia. As usual, we try to broaden the focus from the current buzz around corporate boards to the more relevant metric of the gender balance of executive committees.

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Big Data Doesn't Work if You Ignore the Small Things that Matter

Harvard Business Review

Many innovative customer-service solutions like these are simple and inexpensive, and they have high payback. It might take a scorecard approach for you to figure out that the sales peak coincided with a particular phase in the staff-training schedule. Big data, by contrast, is far from inexpensive, and the payback is often iffy.

CAPEX 15
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How to Help Process Owners Succeed

Harvard Business Review

The problem, as I described in my last post , is that six things militate against success in the role: The management team's attention shifts to other priorities. Make the role permanent and incorporate it into overall performance management. Incorporate these measures into the company's "balanced scorecard" or dashboard.

Process 15
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Work-Family Guilt Is Wasted Energy

Harvard Business Review

And there are some short-cut metrics at each level to evaluate how we're doing. Key Metric: birth rates. In countries without policies that facilitate conciliation, managers overwhelmingly think that women "choose" family commitments over work. Today, most companies are still far from any level of balance at this level.

Energy 8