Balanced Scorecard

Most companies today develop strategic plans. Less than 10% of companies roll out that plan effectively through their organisation.

Corporate strategy is NOT just an executive activity. Strategy is something that EVERY employee should be involved with EVERY day.

Balanced Scorecard is the most effective means to successfully implement strategy throughout an organisation. In spite of good intentions, few companies today are successful in gaining the most from their assets, by being innovative and flexible. Programs generally kick off with gusto, and are quickly abandoned through sheer size and complexity.

Balanced Scorecard provides a whole new way of thinking and operating. It makes performance measurement as simple as it can possibly be. BSC is therefore, the most likely to succeed methodology of implementing your corporate stategy.

To create a strategy-focussed organisation you need to:

Translate strategy into operational terms
Align the management of the organisation to the strategy
Mobilise change through strong, effective leadership.
Make strategy part of everyones job and KPI’s
Adopt strategy as a continual everyday process

The Balanced Scorecard framework has been adopted throughout the world, in all industries, in all sizes of organisation.

Whilst balanced scorecards are essentially a strategic framework, they are also used in organisational design to ensure that value streams have targeted strategic outcomes.