Six Disciplines

AUGUST 1, 2011

Dr David P Norton, (co-inventor of the Balanced Scorecard) explains in OutlookBusiness magazine (India) how companies can grow successfully by adopting effective strategy planning and execution. Subsequently, Dr Kaplan and I wrote our second book, The Strategy Focused Organization, which describes these principles.

Balanced Scorecard 85

Balanced Scorecard Kaplan Strategy Norton 85

Six Disciplines

OCTOBER 4, 2011

In their 2008 book "The Execution Premium: Linking Strategy to Operations for Competitive Advantage" (Harvard Business School Press), Harvard professors Dr. Robert S. Breakdowns in a company’s management system, not managers’ lack of ability or effort, are what cause a company’s underperformance. Discipline I.

System 98

System Balanced Scorecard Execution Strategy 98

Six Disciplines

OCTOBER 4, 2011

In their 2008 book "The Execution Premium: Linking Strategy to Operations for Competitive Advantage" (Harvard Business School Press), Harvard professors Dr. Robert S. Breakdowns in a company’s management system, not managers’ lack of ability or effort, are what cause a company’s underperformance. Discipline I.

System 85

System Balanced Scorecard Execution Strategy 85

Six Disciplines

MARCH 4, 2011

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. SUGGESTION: What kind of formal strategy execution process is your organization using?

Balanced Scorecard 111

Balanced Scorecard Process Execution Strategy 111

Strategy Driven

SEPTEMBER 28, 2019

StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. Integrated Enterprise Excellence, Volume I – The Basics : Golfing Buddies Go Beyond Lean Six Sigma and the Balanced Scorecard.

Forrester 51

Forrester Six Sigma Balanced Scorecard TQM 51

Six Disciplines

MARCH 30, 2011

According to a report from The Conference Board, the global research and business membership organization, most companies do not have a plan to manage and transfer knowledge and even fewer factor cross-generational challenges into business strategy. The key challenge?

Balanced Scorecard 101

Balanced Scorecard Execution Strategy Storytelling 101

Change Starts Here

OCTOBER 1, 2015

Earlier this week, James Lawther shared his story of researching change management models in order to expand his toolkit beyond the initial training he had received. Before starting Enclaria, I managed an “executive working group” program for Balanced Scorecard Collaborative.

Balanced Scorecard 60

Balanced Scorecard Management Influence Objective 60

CO2

AUGUST 14, 2017

According to Robert Kaplan, creator of the Balanced Scorecard, the main cause of strategic planning failure is poor execution. These are pretty sobering statistics, given all the time and effort you and your management team likely put into the preparation of your strategic plan. If you aren’t sure, you’re not alone.

Strategic Planning 78

Strategic Planning Balanced Scorecard Planning Kotter 78

CO2

AUGUST 14, 2017

According to Robert Kaplan, creator of the Balanced Scorecard, the main cause of strategic planning failure is poor execution. These are pretty sobering statistics, given all the time and effort you and your management team likely put into the preparation of your strategic plan. Failure to Focus On Strategy.

Strategic Planning 60

Strategic Planning Balanced Scorecard Planning Kotter 60

Six Disciplines

JUNE 7, 2011

You already know what Outlook helps you do: your email, your calendar, perhaps you even use it to manage your To-Do lists (tasks) - and your contacts. Project management. Performance management. Time management (time tracking). Measurement (KPIs, balanced scorecard). Meeting management.

Balanced Scorecard 101

Balanced Scorecard Software Strategic Planning Document 101

Six Disciplines

JUNE 4, 2011

Do you use a balanced scorecard, but want to do it within Outlook? How about doing your company's strategy, planning, goal-setting, initiatives, and projects in Outlook? How about managing your personal goals and daily activities in Outlook? Do you spend 80% of your time (at work) in Microsoft Outlook? Intrigued?

Balanced Scorecard 101

Balanced Scorecard Covey Software Efficiency 101

Strategy Driven

FEBRUARY 15, 2021

So BDAI is pretty useful for management to be able to see where we are and where we might be headed. But, what about agency, or intentionality, or what today we generally call strategy? He has been instrumental in developing enterprise operating systems for EOS Worldwide, Accenture, and The Balanced Scorecard Institute.

CEO 66

CEO Balanced Scorecard Supply Chain Sharpe 66

Harvard Business Review

FEBRUARY 3, 2021

An update to one of the most successful management tools of all time.

Balanced Scorecard 10

Balanced Scorecard Tools Succession Management 10

Change Starts Here

SEPTEMBER 13, 2016

It’s no coincidence that my transition to change practitioner included balanced scorecards to measure strategy execution. Examples: levels of management, alignment, who makes decisions. What percentage of department managers has taken ownership of the change? Examples: cycle time, error/success rate.

Balanced Scorecard 60

Balanced Scorecard ROI Goal Project 60

Change Starts Here

JULY 9, 2013

By the end of 2011, the company had gained some ground, but it was clear a change in management style and better decisions at the top would not be enough to realize the improvements that were needed to turn the company around. They also created a scorecard to measure their performance against each objective.

Balanced Scorecard 95

Balanced Scorecard Workshop Supply Chain Objective 95

Strategy Driven

JULY 13, 2011

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

ROIC Balanced Scorecard Metrics McKinsey 62

Six Disciplines

APRIL 27, 2011

“Full of incredibly useful tools and charts -- all about how small businesses execute strategy.” “The approach is current and I love that it ties technology and systems with strategy. Skip Angel, Random Thoughts of a CTO). ” (Gary Slinger, Slinger’s Thoughts). ” (Anita Campbell, SMB Trend Wire).

CTO 101

CTO Books Balanced Scorecard Norton 101

Harvard Business Review

NOVEMBER 8, 2017

Many strategy execution processes fail because the firm does not have something worth executing. The strategy consultants come in, do their work, and document the new strategy in a PowerPoint presentation and a weighty report. Many so-called strategies are in fact goals. The Gap Between Strategy and Execution.

Strategy 15

Strategy Bottom-up Balanced Scorecard Resistance 15

CO2

FEBRUARY 17, 2014

Our ability to predict the future is getting more and more difficult as the population grows, markets shift, competitors switch strategies, and systems interact. Focus Teamwork at Work Meeting Management' They know where they’re headed and why. Quarterly Strategic Review Meeting. Monthly Staff Meetings.

Balanced Scorecard 79

Balanced Scorecard Review Strategic Planning Real Estate 79

Harvard Business Review

NOVEMBER 14, 2011

Who is the most influential living management thinker? That is the question that the Thinkers50, the biennial global ranking of management thinkers , seeks to answer. But, celebrating the very best new thinking in management matters for three reasons. Second, management matters. It's a fair question.

Blue Ocean Strategy 15

Blue Ocean Strategy Management Christensen Balanced Scorecard 15

Harvard Business Review

APRIL 8, 2015

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. But in truth businesses rarely focus on only profitability; most strive to satisfy various stakeholders and meet the goals of balanced scorecards. Why is it that?

Balanced Scorecard 8

Balanced Scorecard Company Price KPI 8

Harvard Business Review

NOVEMBER 29, 2010

Say that in a roomful of managers, and you get nervous laughter. Consider " The Balanced Scorecard." The Balanced Scorecard's primary form of novelty is that it takes into account the intangible assets that are so crucial for information-age companies. "Creative accounting" is really bad. Except when it's good.

Creative Accounting 14

Creative Accounting Creativity GAAP Balanced Scorecard 14

Harvard Business Review

OCTOBER 5, 2012

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. A scorecard that links financials with learning initiatives and other operations would serve as a cross-check for managers. Get Started With Big Data: Tie Strategy to Performance.

CAPEX 15

CAPEX Balanced Scorecard Hedge Software 15

Harvard Business Review

MARCH 19, 2014

In our research on change agents at the Phoenix Community of FCB Partners , we have found that there are three distinct challenges which require different kinds of change leaders: (1) transformational leaders, (2) innovation instigators, and (3) innovation managers. The Innovation Manager. The Transformational Leader.

Balanced Scorecard 8

Balanced Scorecard Innovation Globalization Micromanagement 8

CO2

APRIL 18, 2012

A great strategic plan should have focus and clarity around vision, mission, objectives, strategies and actions. In order to elevate engagement and participation a communication plan needs to provide great simplicity, clarity focus without ambiguity in your communication strategy. Get ahead of the resistance by naming the difference.

Strategic Planning 145

Strategic Planning Planning Strategy Balanced Scorecard 145

Harvard Business Review

MARCH 23, 2011

The result: Employees get confused and cynical (senior management's "flavor of the month"). Thus, today we have a number of process "religions": Statistical Process Control was followed by Total Quality Management, Business Reengineering, Six Sigma, Lean, and Business Process Management (BPM, which emphasizes process management software).

Six Sigma 14

Six Sigma TQM Kaizen Balanced Scorecard 14

Harvard Business Review

JANUARY 4, 2013

When I was CEO of Campbell Soup Company, we used a balanced scorecard to create an explicit understanding of each employee in terms of what they were expected to accomplish, including financial objectives, market share objectives and key project objectives. As he told Strategy & Business , "You have to stay a step ahead.

Mission Statement 16

Mission Statement Balanced Scorecard Objective Long-term 16

Harvard Business Review

DECEMBER 10, 2015

Many of them want to share responsibility in how the hospital is managed. For example, we openly stated a preference for an institution that would be willing to partner with us for at least 10 years, and we included specific language about exit strategies. A culture of shared values. Is our multifaceted partnership model sustainable?

Health Care 8

Health Care Committee Balanced Scorecard Discount 8

Harvard Business Review

NOVEMBER 23, 2010

Its the managers responsibility to lead their employees, manage performance, and provide guidance. Yes, managers often interview job candidates or identify the most talented employees as part of a talent management program. I would guess 90% of all managers believe in their ability to undertake professional interviews.

CIO 15

CIO Guidelines Telecommunications Emotional Intelligence 15

Harvard Business Review

NOVEMBER 22, 2010

He advises some of the world’s biggest companies on environmental strategy. Tens of thousands of people are gathering to explore green building materials, designs, and strategies. But dont count them out for long; if theres one thing Chinese companies are good at, its implementing a "fast follower" strategy.

NGO 14

NGO Chemicals Guidelines Telecommunications 14

Harvard Business Review

NOVEMBER 23, 2010

Across Africa, many unemployed men have managed small businesses, at least once in their lives. Organizations that move into developing nations to help small technical businesses, must help those businesses manage their finances. Across Africa, many unemployed men have managed small businesses, at least once in their lives.

Books 13

Books Guidelines Banking Telecommunications 13

Harvard Business Review

NOVEMBER 30, 2010

Its far more complicated when too many unknowns, or the difficulty of balancing competing priorities, pushes a decision into the realm of judgment. If we hope for better management of large-scale endeavors, our models will have to look beyond what it takes to inform individual, or even organizational, moves.

Guidelines 14

Guidelines Education Telecommunications Emotional Intelligence 14

Harvard Business Review

NOVEMBER 23, 2010

More on: Managing yourself , Morale , Work life balance Join the Discussion | More by This Author | Email/Share Previous The Right CEO Personality for Process Improvement Next How to Turn Garbage into Gold Never miss a new post from your favorite blogger again with the Harvard Business Review Daily Alert email.

Guidelines 14

Guidelines Telecommunications Emotional Intelligence Balanced Scorecard 14

Harvard Business Review

NOVEMBER 30, 2010

Retail pricing evolves into what Scott Adams (of Dilbert fame) has termed a " confusopoly :" rather than compete on price, outlets start to engage in strategies to make price comparisons more difficult. Ran Spiegler (with co-authors) has studied such strategies. Ran Spiegler (with co-authors) has studied such strategies.

Retail 13

Retail Price Comparison Nalebuff 13

Harvard Business Review

NOVEMBER 23, 2010

He wasnt a process manager. They are not going to unfold their strategies below a very high level of abstraction. He wasnt a process manager. They are not going to unfold their strategies below a very high level of abstraction. He did not, from my point of view, have the skills to run the big company that we had produced.

Process 15

Process CEO Insurance Banking 15

Strategy Driven

MARCH 7, 2014

The Business Tree : Growth Strategies and Tactics for Surviving and Thriving. I remarked to Sonny that I often quoted his song “The Beat Goes On” as analogous to change management, and he was pleased. The secret to long-term success lies in mapping out the vision and building a body of work that supports it. by Hank Moore.

Balanced Scorecard 73

Balanced Scorecard Budgeting Risk Management Learning-by-Doing 73

Harvard Business Review

NOVEMBER 29, 2010

He also founded Bubblegeneration, an agenda-setting advisory boutique that shaped strategies across media and consumer industries.

Banking 15

Banking Crisis Merton Guidelines 15