Archive: strategy map

The Four Foundations that Should Frame Every Business Strategy

If you look closely at the inner workings of successful companies, you quickly come to the realization that truly solid market-leading organizations and business strategies are built on four critical foundations: a set of core values; a mission or purpose statement; a timed vision statement; and a clearly articulated customer or stakeholder value proposition. While […]

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The 7 “Must Have” Elements That Will Unleash the Potential of Your Strategy Map

The strategy map is a powerful picture that truly paints a thousand words about your business strategy. Despite its simplicity and power potential, the strategy map is largely forgotten, or is sub-optimized, by many organizations. Why is this the case? Why would organizations not take advantage of a powerful and proven business planning and performance management tool? […]

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FOCUSING on Strategy Creation to Achieve Strategy Execution Excellence

Posted in Strategy Execution | Comments Off on FOCUSING on Strategy Creation to Achieve Strategy Execution Excellence

For quite some time now, the focus of discussion on blogs and in newsletters and articles in the business performance management domain has been on the continued problems organizations experience with strategy execution. In fact, many recent informal polls suggest that this is one of the top issues concerning executives and business leaders in all […]

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Strategy Management’s Chicken or the Egg Dilemma

What comes first – the strategy map or the validated cause and effect model? As you may know, the strategy map and balanced scorecard approaches to business strategy and performance management provide you with the ability to map out AND demonstrate the cause and effect relationships that exist in your organization. I call this cause […]

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Your Balanced Scorecard Needs Technology BUT Your Balanced Scorecard Isn’t a Technology Project

As you know, I strongly believe that balanced scorecard (BSC) technology is a must to ensure that you achieve your balanced scorecard objectives (including measuring your progress with strategy execution; learning more about how your business works to produce results; managing and improving your business strategy in “real time”; transforming the way people and the […]

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