Get the recipe of your success

FINANCE24.US

Balanced scorecard

Popular

  • What you measure is what you get. Senior executives understand that their organization’s measurement system strongly affects the behavior of managers and employees. Executives also understand that traditional financial accounting measures like return-on-investment and earnings-per-share can give misleading signals for continuous improvement and innovation—activities today’s competitive environment demands. The traditional financial performance measures worked well […]
    • Save
    • Share
  • The balanced scorecard revolutionized conventional thinking about performance metrics. When Robert Kaplan and David Norton first introduced the concept...
    • Save
    • Share
    • Buy Copies
  • What do companies like Rockwater, Apple Computer, and Advanced Micro Devices have in common? They’re using the scorecard to measure performance and set strategy.
    • Save
    • Share
  • Strategic dreams often turn into nightmares if companies start engaging in expensive and distracting restructurings. It’s far more effective to choose a design that works reasonably well, then develop a strategic system to tune the structure to the strategy.
    • Save
    • Share
  • There is a disconnect in most companies between strategy formulation and strategy execution. On average, 95% of a company's employees are unaware of,...
    • Save
    • Share
    • Buy Copies
  • When most of the world's financial services giants were stumbling and retrenching in the aftermath of the 2008 recession, the asset management firm BlackRock...
    • Save
    • Share
    • Buy Copies
  • Strategy and entrepreneurship are often seen as polar opposites. Strategy means rigorously defining and pursuing one clear path, while entrepreneurship...
    • Save
    • Share
    • Buy Copies
  • The key to executing your strategy is to have people in your organization understand it—including the crucial but perplexing processes by which intangible assets will be converted into tangible outcomes. Strategy maps can help chart this difficult terrain.
    • Save
    • Share
  • In 1996, Duke Children's Hospital was in serious trouble. Its $11 million annual operating loss had forced administrators to make cutbacks. As a result,...
    • Save
    • Share
    • Buy Copies
  • Why is it that effective business start-ups frequently grow into corporate giants, but effective new nonprofits rarely reach national

    scale? Because,...

    • Save
    • Share
    • Buy Copies
  • Measuring the value of intangible assets such as company culture, knowledge management systems, and employees' skills is the holy grail of accounting....
    • Save
    • Share
    • Buy Copies
  • If you were a military general on the march, you'd want your troops to have plenty of maps--detailed information about the mission they were on, the roads...
    • Save
    • Share
    • Buy Copies
  • The balanced scorecard tracks all the important elements of a company’s strategy—from continuous improvement and partnerships to teamwork and global scale. And that allows companies to excel.
    • Save
    • Share
  • Increasingly, companies are measuring customer loyalty, employee satisfaction, and other nonfinancial areas of performance that they believe affect profitability....
    • Save
    • Share
    • Buy Copies
  • Fully half of all joint ventures are a failure. That's worrying, given that partnerships and alliances are central to many companies' business models....
    • Save
    • Share
    • Buy Copies
  • A real—and revolutionary—opportunity lies in studying and assessing how well prepared a company’s people, systems, and culture are to carry out its strategy.
    • Save
    • Share
  • Robert S. Kaplan and David P. Norton's seminal framework--in under three minutes.
    • Save
    • Share
  • It’s not just about innovation; it’s maximizing what you already have.
    • Save
    • Share
  • I didn’t anticipate that I would leave the country of Iceland with a renewed awareness of the different governance challenges faced by private and public sector organizations, but that’s just what happened. I was in Iceland recently to participate in a Balanced Scorecard (BSC) event, where I heard presentations from the main electricity and water […]
    • Save
    • Share


Category: Business card

Similar articles: