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Balanced Scorecard
WE HAVE THE RIGHT STRATEGY – WE JUST CAN’T SEEM TO IMPLEMENT IT!
At the top of many CEO’s wish lists is (1) how to get that elusive level of strategic alignment cascaded throughout the organization and (2) gaining the confidence that managers will deliver on their key accountabilities and performance commitments.
WHAT ARE THE BENEFITS OF A BALANCED SCORECARD?
A well-structured Balanced Scorecard framework will provide:
- The ability to translate strategy into action;
- The potential to link budgeting to strategic planning;
- A process whereby all employees get feedback on the performance of the business;
- The glue with which to align Corporate, Business Unit and Team Strartegy;
- A structured framework with which to measure and manage performance across the business;
- The potential to link rewards directly to business performance;
GLOBAL BALANCED SCORECARD FAST TRACK
Global Consulting has developed hundreds of Balanced Scorecard systems for companies worldwide. Clients have the option of developing their soloution with us, then deploying on our partner On-Line Performance portal, or deploying on one of the many BPM systems available in the market. Our consultants have experience of working with all platforms.
On completion of the Balanced Scorecard Fast Track Program, the outcomes will include:
- A Strategic (Balanced Scorecard) framework for the management of business performance which aligns business plans, financial targets and strategic objectives with the delivery of Corporate (stakeholder) Value;
- Identification and mapping (Corporate Strategy Map) of key business performance linkages – causal linkage of drivers of performance & associated measures modeled to deliver effective control and performance improvement;
- Balanced (or Performance) Scorecards for each SBU as required, ensuring their alignment with Corporate objectives, performance targets and measures, and quantified target setting;
- An integrated draft library of Measures, which establishes the linkages between all critical success factors and performance drivers in the organization's customer, business process, and people management agendas with profitability, cost improvement and revenue growth objectives and targets;
- Training for all managers and team leaders in the identification and deployment of performance measures of: output, input, productivity, efficiency, cost and effectiveness.
- Report Templates which structure, align and integrate Organization Performance Reporting to provide a complete, and easy to use flow of performance information;
- A Strategic business performance review program to enable monthly, quarterly and annual review of strategic goals and quantified targets
- Business-wide Balanced Scorecard deployment plan – mapping all business and operational units / functional result areas requiring performance scorecards;
- Executive Briefings for Executives and Managers;
- Communication Plan - providing schedules of communication, and presentation templates for coordinators and managers
- Guidelines and procedures for successful deployment and maintenance of your Balanced Scorecard System.
CASE STUDIES
Download some of our BSC Case Studies: FREE RESOURCES
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