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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. Align Systems ).

System 98
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StrategyDriven Podcast Special Edition 3 – An Interview with Forrest Breyfogle, author of Integrated Enterprise Excellence, Volume I – The Basics

Strategy Driven

Special Edition 3 – An Interview with Forrest Breyfogle, author of Integrated Enterprise Excellence, Volume I – The Basics explores how to achieve organizational performance improvements through the use of the Integrated Enterprise Excellence system. Additional Information. About the Author.

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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. By creating a closed-loop management system, companies can avoid such shortfalls. Align Systems ).

System 85
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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. Find out more today.

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Knowledge Transfer - A Generational Challenge For Strategy Execution

Six Disciplines

In a knowledge economy, firm-specific knowledge is critical to the sustainability, performance and innovation of organizations facing the imminent retirement of large numbers of baby boomers. A significant drain of business wisdom that decreases innovation, lowers growth capacity, and reduces efficiency in the organization.

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Are CEOs Really Necessary Anymore?

Strategy Driven

If BDAI had been in place at Olympus Camera on the day that Steve Jobs introduced the iPhone, would the company’s management information system have warned leadership that the pocket camera industry, at that moment, was entering an irreversible swoon? CEO’s Role- Wisdom and Innovation. The second is to lead innovation.

CEO 66
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On Creative Accounting: Two Creativity Myths

Harvard Business Review

Wall Street's " financial innovations " of recent years seem to have given creativity a bad name. Consider " The Balanced Scorecard." Created by Robert Kaplan and David Norton in the 1990s, this system for assessing organizational performance builds on, but goes way beyond, traditional accounting methods.