article thumbnail

Unleashing the Power of C-Level Business Tools: Strategies for Success.

Rich Gee Group

resource) Balanced Scorecard: A framework for measuring and managing performance across crucial business perspectives, including financial, customer, internal processes, and learning and growth.

Tools 195
article thumbnail

Strategy Execution and The Balanced Scorecard

Six Disciplines

Kaplan, one of the original creators of the Balanced Scorecard in 1992. Key take-aways from their latest research: Companies often manage strategy in fits and starts. Strategy forumulation needs to be a continual process - not an annual event.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Strategy Execution and The Balanced Scorecard

Six Disciplines

Kaplan, one of the original creators of the Balanced Scorecard. Key take-aways from their latest research: Companies often manage strategy in fits and starts. Strategy forumulation needs to be a continual process - not an annual event. Stage 4: Leadership supports the cross-organizational unit process improvements.

article thumbnail

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 282
article thumbnail

The Benefits Of A Formal Strategy Execution Process

Six Disciplines

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

article thumbnail

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