Beyond the Balanced Scorecard How do you keep a large organization focused on what is important? Communication is a large element in the equation. Communication alone, especially top-down, may not be enough. Frequently, the information gets filtered and altered on the way down. The Balanced Scorecard is a tool that keeps strategy in mind while creates metrics to achieve that link from the CEO’s strategy. Ahh ha! We have achieved alignment. There are still questions about how to achie...
Beyond the Balanced Scorecard How do you keep a large organization focused on what is important? Communication is a large element in the equation. Communication alone, especially top-down, may not be enough. Frequently, the information gets filtered and altered on the way down. The Balanced Scorecard is a tool that keeps strategy in mind while creates metrics to achieve that link from the CEO’s strategy. Ahh ha! We have achieved alignment. There are still questions about how to achie...
Currently, investment decisions are made rather quickly and followed by weeks of financial justification. The ROI and justification package is intensely scrutinized while the original decision was assumed to be the right thing to do. The time has come to insist upon a methodical approach to decision-making equivalent to the financial justification discipline.