Archive: Balanced Scorecard

Strategy Ambassadors: The Key to Eliminating Strategy Execution Failure

Employee engagement and strategy execution failure – two stubborn challenges that countless organizations face but may not see as being connected. Big mistake. Here’s something I’ve learned – there IS a connection and employee engagement and commitment is the secret sauce behind successful strategy execution. Let’s review the evidence. I probably don’t need tell you […]

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The Balanced Scorecard ≠ A Report Card

I’ll admit it. Back in 1997, when my employer decided to start using the Balanced Scorecard, we used it as a report card. What did that look like? Well, we rolled up indicator results to get a strategic objective performance score. And then strategic objective performance scores were rolled up using a weighting formula to […]

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Follow These Steps To Select High Value Indicators for Your Balanced Scorecard

Posted in Balanced Scorecard | Comments Off on Follow These Steps To Select High Value Indicators for Your Balanced Scorecard

Selecting exceptional balanced scorecard indicators is part art and part science. The key to success in both is to start with a good definition of the strategic objective you are trying to measure. A good strategic objective definition describes what the strategic objective looks like in action including what is and isn’t included. It also […]

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