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The Balanced Scorecard: Do’s and Don’ts

First Friday Book Synopsis

In a book published in 1996, The Balanced Scorecard: Translating Strategy Into Action, Robert S. Norton developed in much greater depth and detail a concept they introduced previously in an HBR article (January/February, 1992): the balanced scorecard. Kaplan and David P.

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The Strategy Book

Leading Blog

Strategy is about shaping the future,” writes Max McKeown. There are five basic questions that strategy tries to answer: Where are we? Max McKeown has created a strategy reference work – The Strategy Book – to guide you to the answers. In a sense, strategy creates risk. Where do we want to go?

Strategy 281
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A Closed-Loop Strategy Execution System

Six Disciplines

In their 2008 book "The Execution Premium: Linking Strategy to Operations for Competitive Advantage" (Harvard Business School Press), Harvard professors Dr. Robert S. Translate the Strategy: define strategic objectives and themes; select measures and targets; select strategic initiatives. Kaplan and Dr. David P. Discipline I.

System 98
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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.

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A Closed-Loop Strategy Execution System

Six Disciplines

In their 2008 book "The Execution Premium: Linking Strategy to Operations for Competitive Advantage" (Harvard Business School Press), Harvard professors Dr. Robert S. Translate the Strategy: define strategic objectives and themes; select measures and targets; select strategic initiatives. Kaplan and Dr. David P. Discipline I.

System 85
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Are CEOs Really Necessary Anymore?

Strategy Driven

But, what about agency, or intentionality, or what today we generally call strategy? If we have enough past information of competitive successes and failures, BDAI is capable of helping leaders develop options. So BDAI is pretty useful for management to be able to see where we are and where we might be headed.

CEO 66
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The Fourth Dimension of Change Management

Change Starts Here

Before starting Enclaria, I managed an “executive working group” program for Balanced Scorecard Collaborative. Clients came to us to learn and participate in research about how to develop an Office of Strategy Management within their organizations. The best way to implement change (i.e.