Comments on: The Balanced Scorecard – Beyond Performance Measurement http://bestpraxclub.wordpress.com/2008/06/26/the-balanced-scorecard-beyond-performance-measurement/ Blog on Best Practices: An open space for growing subtle dimensions of generic managerial practices (Business Best Practices) Sun, 13 Sep 2009 07:13:46 +0000 http://wordpress.com/ hourly 1 By: PSI http://bestpraxclub.wordpress.com/2008/06/26/the-balanced-scorecard-beyond-performance-measurement/#comment-117 PSI Mon, 07 Sep 2009 15:35:13 +0000 http://bestpraxclub.wordpress.com/?p=58#comment-117 Very nice post regarding the topic Balanced Scorecard. Here they have given some useful information and clearly they said that the balanced scorecard is very useful and important to an organization,a majority of organizations today are riding on the BSC . <a href="www.GlobalPerformanceForum.com" rel="nofollow">www.GlobalPerformanceForum.com</a> <a href="www.MissionDrivenPerformance.com" rel="nofollow">www.MissionDrivenPerformance.com</a> <a href="www.gsmiweb.com" rel="nofollow">www.gsmiweb.com</a> Very nice post regarding the topic Balanced Scorecard. Here they have given some useful information and clearly they said that the balanced scorecard is very useful and important to an organization,a majority of organizations today are riding on the BSC .

http://www.GlobalPerformanceForum.com
http://www.MissionDrivenPerformance.com
http://www.gsmiweb.com

]]> By: Bob http://bestpraxclub.wordpress.com/2008/06/26/the-balanced-scorecard-beyond-performance-measurement/#comment-112 Bob Wed, 15 Apr 2009 16:43:37 +0000 http://bestpraxclub.wordpress.com/?p=58#comment-112 Agree - having just concepts, strategies and ideas is not enough now, all this things should be connected to real numbers, facts, targets. The point is to do this is friendly, not spending more resources than you are going to save with this. I seems that you had Balanced Scorecard Designer software in mind when commenting on this article. Agree – having just concepts, strategies and ideas is not enough now, all this things should be connected to real numbers, facts, targets. The point is to do this is friendly, not spending more resources than you are going to save with this. I seems that you had Balanced Scorecard Designer software in mind when commenting on this article.

]]> By: nqcenter http://bestpraxclub.wordpress.com/2008/06/26/the-balanced-scorecard-beyond-performance-measurement/#comment-100 nqcenter Mon, 17 Nov 2008 12:41:30 +0000 http://bestpraxclub.wordpress.com/?p=58#comment-100 Bạn có thể tham khảo một số tài liệu về balanced scorecard theo link dưới đây: http://nqcenter.wordpress.com/2008/10/30/balanced-scorecard/ Rgs Bạn có thể tham khảo một số tài liệu về balanced scorecard theo link dưới đây:

http://nqcenter.wordpress.com/2008/10/30/balanced-scorecard/

Rgs

]]> By: chonglongchoo http://bestpraxclub.wordpress.com/2008/06/26/the-balanced-scorecard-beyond-performance-measurement/#comment-87 chonglongchoo Thu, 24 Jul 2008 08:06:23 +0000 http://bestpraxclub.wordpress.com/?p=58#comment-87 Software Development Department Strategic Planning http://chonglongchoo.wordpress.com/2008/07/11/software-development-department-strategic-planning/ Software Development Department Strategic Planning

http://chonglongchoo.wordpress.com/2008/07/11/software-development-department-strategic-planning/

]]> By: Biznetzen http://bestpraxclub.wordpress.com/2008/06/26/the-balanced-scorecard-beyond-performance-measurement/#comment-79 Biznetzen Thu, 10 Jul 2008 02:25:59 +0000 http://bestpraxclub.wordpress.com/?p=58#comment-79 I have observed that in several organizations, the biggest benefit of BSC implementation is not improved operational efficiency or increased profitability; it is not even better-defined strategic goals. The single greatest gain that emerges from the entire BSC exercise is a newfound coherence and harmony in terms of the organization’s vision and objectives. For one, a sound BSC process usually has a highly productive “storming stage” which, as you say, ensures that all employees - not just the management team - are on the same “wavelength”. In sectors like retail, some firms have gone to the extent of involving customers at this storming stage. Another facet of coherence is that BSC establishes a veritable maze of links between the vision, financial objectives, customer-related and employee-related goals and business processes, at both strategic and operational levels. Retail is among the sectors that have benefited remarkably from BSC implementation - the best-known success story is Tesco’s Steering Wheel system based on the Balanced Scorecard. I have observed that in several organizations, the biggest benefit of BSC implementation is not improved operational efficiency or increased profitability; it is not even better-defined strategic goals. The single greatest gain that emerges from the entire BSC exercise is a newfound coherence and harmony in terms of the organization’s vision and objectives. For one, a sound BSC process usually has a highly productive “storming stage” which, as you say, ensures that all employees – not just the management team – are on the same “wavelength”. In sectors like retail, some firms have gone to the extent of involving customers at this storming stage. Another facet of coherence is that BSC establishes a veritable maze of links between the vision, financial objectives, customer-related and employee-related goals and business processes, at both strategic and operational levels. Retail is among the sectors that have benefited remarkably from BSC implementation – the best-known success story is Tesco’s Steering Wheel system based on the Balanced Scorecard.

]]> By: Holiday week ramblings « Manage By Walking Around http://bestpraxclub.wordpress.com/2008/06/26/the-balanced-scorecard-beyond-performance-measurement/#comment-78 Holiday week ramblings « Manage By Walking Around Tue, 08 Jul 2008 01:43:54 +0000 http://bestpraxclub.wordpress.com/?p=58#comment-78 [...] Suresh worries about metrics without management and tells how Trent Limited, the retail arm of the Tata Group, used the Balanced Scorecard to [...] [...] Suresh worries about metrics without management and tells how Trent Limited, the retail arm of the Tata Group, used the Balanced Scorecard to [...]

]]> By: Heather Smith http://bestpraxclub.wordpress.com/2008/06/26/the-balanced-scorecard-beyond-performance-measurement/#comment-76 Heather Smith Mon, 30 Jun 2008 17:13:26 +0000 http://bestpraxclub.wordpress.com/?p=58#comment-76 I couldn't agree more! My company, ActiveStrategy, provides on-demand software for Balanced Scorecard deployment, and we find that if executives aren't bought into the idea of the Balanced Scorecard as a management system, the project is going to fail. We stress constant, on-going Business Reviews as a means of ensuring long-term results. It's important for every employee to be held accountable for the things a company is measuring on a BSC, and we find that monthly Business Reviews are the best way to make sure that sticks! I couldn’t agree more! My company, ActiveStrategy, provides on-demand software for Balanced Scorecard deployment, and we find that if executives aren’t bought into the idea of the Balanced Scorecard as a management system, the project is going to fail. We stress constant, on-going Business Reviews as a means of ensuring long-term results. It’s important for every employee to be held accountable for the things a company is measuring on a BSC, and we find that monthly Business Reviews are the best way to make sure that sticks!

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