They say, a problem well stated is a problem half solved. What about typical problems with the Balanced Scorecard? I have compiled a list "BSC pitfalls" to pass to our clients, it includes:
1. Missing the difference between "KPI" and "Strategy" (Balanced) scorecard.
2. Silo thinking + used ex
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Asavkin voted on the following stories on BizSugar
Typical Balanced Scorecard pitfalls and how to avoid them
Posted by asavkin under StrategyFrom http://www.bscdesigner.com 3639 days ago
Top 3 problems with strategy execution in 2014 and how to solve them
Posted by asavkin under StrategyFrom http://www.bscdesigner.com 3639 days ago
In 2014 most executives plan to update their business strategy; use SWOT and Balanced Scorecard for strategy description; are not happy with strategy alignment in their company.
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3 ideas western executives can learn from Hoshin Kanri
Posted by asavkin under StrategyFrom http://www.bscdesigner.com 3645 days ago
Those who think that Balanced Scorecard is the only sound strategy description framework are mistaken. Hewlett Packard, Nissan, Bank of America, and Toyota practiced and popularized Hoshin Kanri.
I wanted to share the idea about Hoshin Kanri without using high sounding business jargon and compil Read More
I wanted to share the idea about Hoshin Kanri without using high sounding business jargon and compil Read More
Is Your HR Strategy Aligned To Your Business Needs?
Posted by asavkin under Human ResourcesFrom http://www.bscdesigner.com 3645 days ago
If you need to be telling a IT Director that he/she needs to change the type of person they hire, you’ll need to show the business context of your decision and how it drives business strategy if you are to persuade them. This is exactly what a business process map will enable you to do.
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Why a Balanced Scorecard is crucial to the growing business
Posted by asavkin under Human ResourcesFrom http://www.bscdesigner.com 3679 days ago
Made Hot by: LoopLooper on August 20, 2014 8:05 pm
Practicing HR professional, director of TheCareerCafe Kazim Ladimeji shares his thoughts about why a Balanced Scorecard is crucial to the survival of a growing business.
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[Case Study] Why KPIs are just a tip of the business performance iceberg
Posted by asavkin under StrategyFrom http://www.bscdesigner.com 3708 days ago
I'd like to share a story/case study from the banking industry. Initially a client asked us to help him with KPIs for SLA, but as it often happens it was just a tip of the iceberg.
The major breakthrough of the analysis was really simple. The bank implemented professional surveys and started as Read More
The major breakthrough of the analysis was really simple. The bank implemented professional surveys and started as Read More
Leading measures - specific recommendations to find them
Posted by asavkin under StrategyFrom http://www.bscdesigner.com 3749 days ago
People know the difference between lagging and leading measures. We need both of them and the main challenge is to find good leading metrics. Here is a guide...
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KPIs chain reaction and how to prevent it
Posted by asavkin under StrategyFrom http://www.bscdesigner.com 3780 days ago
Why does a KPI tell that you’ve won when you have actually failed? Why does a KPI tell that you’ve failed when you’ve actually won?
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Balanced Scorecard in the virtual company management training
Posted by asavkin under Self-DevelopmentFrom http://www.bscdesigner.com 3793 days ago
Chile-based training company implemented BSC Designer in the business simulation so that students could present a whole picture of the virtual organization and share it.
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Put it all together: a clear view of the Balanced Scorecard framework
Posted by asavkin under StrategyFrom http://www.bscdesigner.com 3800 days ago
Begin with the Balanced Scorecard and put it all together, understand the concept and get a clear view of the whole framework from scratch till strategy map?
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