The Balanced Scorecard translates a company's vision and strategy into a coherent set of performance measures. The four perspectives of the scorecard--financial measures, customer knowledge, internal business processes, and learning and growth--offer a balance between short-term and long-term objectives, between outcomes desired and performance drivers of those outcomes, and between hard objective measures and softer, more subjective measures. In the first part, Kaplan and Norton provide the theoretical foundations for the Balanced Scorecard; in the second part, they describe the steps organizations must take to build their own Scorecards; and, finally, they discuss how the Balanced Scorecard can be used as a driver of change.
With this book, he has further operationalized the enlightened Balanced Scorecard concept into a fully functional system that optimizes business execution and performance!" —Barton Johnson, President, Financial Freedom Senior Funding ...
2 Robert S. Kaplan and David P. Norton, “Having Trouble with Your Strategy? Then Map It,” Harvard Business Review, September October 2000, pp.167176. 3 StephenR.Covey, The8th Habit (New York: The Free Press, 2004), p. 271.
Leaders will learn how to objectively measure: Relationships with Customers Employee Satisfaction External Business Environment Supplier/Vendor performance Strategy and Financials This book will show you how to construct a performance index ...
The focus of this book is the PBSC portion, which comprises a search for self-knowledge, self-discovery and self-mastery.
Strategy remains one of the most widely discussed and debated topics in the world of modern organizations. Strategy Map—A one‐page, graphical representation of ... Robert S. Kaplan and David P. Norton, “The Balanced Scorecard—Measures ...
The above questions are the focus of this book, as is the following premise: enterprises need a system to measure their critical performances so they can be managed effectively; metaphorically speaking, enterprises need a “management ...
This book will help to implement the organisations' balanced scorecard strategies into action by defining performance objectives, measures, and targets in four linked and balanced perspectives: Financial, Customer, Internal Process, and ...
... “The New Boundaries of the 'Boundaryless' Company,” Harvard Business Review (May–June 1992); M. Raynor and J. Bower, ... D. Collis and C. Montgomery, Corporate Strategy: Resources and the Scope of the Firm (Chicago: Irwin, 1997), ...
This book is less about the theory of the BSC, and more about how to effectively use the BSC to execute strategy based on the over 300 scorecards designed by Anand, and his team.
Madden insisted on the criterion of choosing at least one measure outside the individuals normal job or work assignment. He wanted employees to think out of the box. They had all seen the cause-and-effect strategy tree.