Archive: Business Performance Management

Making Strategic Planning and the Balanced Scorecard Work for Public and Non-Profit Sector Organizations

There’s no doubt that strategic planning is a discipline that every organization in all business sectors, including the public and non-profit sectors, should adopt. Years of experience have demonstrated that organizations that take a formal approach to strategy formulation and leverage tools such as the strategy map and the Balanced Scorecard to operationalize their strategy […]

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What is Strategic Planning?

A simple enough question to answer – right? However, whenever you ask it you invariably get a wide range of answers. Before any organization embarks on a strategic planning exercise, the best advice is to be clear about what you are doing through strategic planning, what it will (and won’t) include, and why you are […]

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Who’s Minding Your Strategy?

When you look at successful, high performance organizations, one of the main things you realize is that they look at strategy creation and strategy execution as key business processes. These two processes together can be called a company’s dynamic strategy management process. I’m going to refer to these strategy-related business performance management processes in this […]

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The Short-Term versus The Long-Term – Can Organizations REALLY Manage Both?

There is no doubt that there can be serious tensions between short-term and long-term objectives and decisions in business. However, I would argue that the pressures currently faced by organizations and leaders in the private sector (e.g. demands by the street and shareholders to demonstrate quarter over quarter profitable growth; incentive bonuses based on performance […]

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