The Balanced Scorecard is a business tool recognized world-wide by companies' executives. The secret of the successful BSC project is that all key employees, business owners, and top managers are involved. Research show that the biggest challenge during the implementation of the BSC is a motivational problem. Before starting a Balanced Scorecard project it is necessary to explain this business approach to all stakeholders so that they would buy into the design of the Balanced Scorecard and in the future became active users of this business tool. More: http://www.bscdesigner.com/
This Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants after more than 3,000 hours of work. It shares our combined 100+ years of experience advising executive teams around the world. It includes all the Frameworks, Best Practices & Templates required to successfully implement an operating model and organization design initiative, and make your strategy happen.
Presentation given by Elad Gil on raising a seed round.
Gil is an investor in Airbnb, Airtable Coinbase, Gusto, Instacart, Stripe, Square, Opendoor, Pinterest, Wish and other companies as well as author of High Growth Handbook.
https://www.amazon.com/High-Growth-Handbook-Elad-Gil/dp/1732265100/
Post Merger Integration Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 2000 hours of work. It is considered the world's best & most comprehensive Post Merger Integration Toolkit. It includes all the Frameworks, Tools & Templates required to increase the value creation of your Mergers & Acquisitions. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Finance Vision 2020 presenation used for the launching of our book at the Finance Transformation Summit (organized by Alex van Groningen) on December 2, 2008
An APM event hosted by the London Branch on 17 May 2022.
Speaker: Emma-Ruth Arnaz-Pemberton
The role of PMO has changed so quickly that it’s difficult to keep up. Emma-Ruth took the delegates through the PMO journey so far, and explored what the future looks like; even in organisations where the future is now.
Resilience in a Post Covid World. Without resilience we fail to grow. Following the year we have had, this is the time to start to build skills such as resilience to support the ‘new normal’ whatever that looks like.
During this engaging and interactive presentation, Emma-Ruth explored the state of resilience in 2022. She helped you to discover why resilience appears so hard to find, and identified key focus areas for becoming resilient, as well as uncovering some practical tips that can help you to do so both as an individual and as a team; whether you are a Project Management Leader or Practitioner.
https://www.apm.org.uk/news/the-innovative-pmo/
This Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants after more than 3,000 hours of work. It shares our combined 100+ years of experience advising executive teams around the world. It includes all the Frameworks, Best Practices & Templates required to successfully implement an operating model and organization design initiative, and make your strategy happen.
Presentation given by Elad Gil on raising a seed round.
Gil is an investor in Airbnb, Airtable Coinbase, Gusto, Instacart, Stripe, Square, Opendoor, Pinterest, Wish and other companies as well as author of High Growth Handbook.
https://www.amazon.com/High-Growth-Handbook-Elad-Gil/dp/1732265100/
Post Merger Integration Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 2000 hours of work. It is considered the world's best & most comprehensive Post Merger Integration Toolkit. It includes all the Frameworks, Tools & Templates required to increase the value creation of your Mergers & Acquisitions. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit in Powerpoint and Excel at www.slidebooks.com
Finance Vision 2020 presenation used for the launching of our book at the Finance Transformation Summit (organized by Alex van Groningen) on December 2, 2008
An APM event hosted by the London Branch on 17 May 2022.
Speaker: Emma-Ruth Arnaz-Pemberton
The role of PMO has changed so quickly that it’s difficult to keep up. Emma-Ruth took the delegates through the PMO journey so far, and explored what the future looks like; even in organisations where the future is now.
Resilience in a Post Covid World. Without resilience we fail to grow. Following the year we have had, this is the time to start to build skills such as resilience to support the ‘new normal’ whatever that looks like.
During this engaging and interactive presentation, Emma-Ruth explored the state of resilience in 2022. She helped you to discover why resilience appears so hard to find, and identified key focus areas for becoming resilient, as well as uncovering some practical tips that can help you to do so both as an individual and as a team; whether you are a Project Management Leader or Practitioner.
https://www.apm.org.uk/news/the-innovative-pmo/
Best practice management process for OKR rollout: company-wide OKR examples.
We created this guided course on the OKR best practices to make your OKR rollout smooth and successful. This course includes learnings and insights that we uncovered together with our customers over the past 8 years.
It is perfect for leaders, team managers, and OKR champions who are looking for practical resources to improve their team’s workflows.
90% of our customers who have been very successful with OKRs said that early-stage learning is the foundation of a sustainable OKR process.
These are the companies that report incredible growth and performance improvement.
In this course, you will learn:
how to align the company with OKRs
how to write engaging OKRs that work
the difference between KRs and Initiatives
the difference between OKRs and KPIs
how to facilitate teamwork and discussions
and more…
Strategy Execution
Success = Strategy + Execution
Do You Want to Crush your Sales Numbers? Strategy execution is the key to competitive advantage.
Then why are you spending so much time on building marketing plans compared to the time you spend on planning sales execution? The magic is in the execution!
Learn my 5 Step process to turning strategy into sales.
I can be reached at steven@starrseults.com or https://www.starresults.com/strategy-execution/
Regards,
Steven Rosen
MRR is the price the customer pays. Your North Star is the value they get. Mamoon Hamid, GP @ Social Capital, explains why founders need to focus on the value your product delivers, not the price the customer pays.
Best Practices in Financial Planning and Analysis | 2013 Business Analytics S...Cartegraph
Loras College is proud to present our annual Business Analytics Symposium on March 27, 2014 at the Grand River Center in Dubuque, IA. Industry experts will share their insights about the evolving field of business analytics opportunities. Learn about everything from best practices when analyzing data to the importance and benefits of building a culture of analytics within your organization.
To learn more, secure your seat or to take advantage of group discounts visit www.loras.edu/bigdata.
Management Consulting Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte & BCG Consultants, after 2,000+ hours of work. It is considered the world's best & most comprehensive Management Consulting Toolkit. It includes all the Frameworks, Tools & Document Templates required to improve the Management Consulting Capability of your organization & excel as a Management Consultant. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit at www.slidebooks.com
More Information:
https://mark-bridges.medium.com/the-top-101-consulting-frameworks-of-2020-3b9be58ce18e
At the end of each year, we publish a list of the top 101 consulting frameworks from the FlevyPro Library. We add new frameworks to FlevyPro each week based on market trends (e.g. Digital Transformation, Customer-centric Design) and customer demand. (See the top 101 consulting frameworks of 2019.)
Business frameworks are powerful tools consultants leverage to address their clients’ business issues in an organized, thorough, and efficient fashion. Each of our framework guides is a detailed PowerPoint presentation that provides a structured approach to analyzing and solving a common business problem, from issues in Strategy Development to Digital Transformation to Leadership Development.
Got a question about this presentation? Email us at support@flevy.com.
Learn everything you need to know to get started with Objectives and Key Results. How to implement them, what you should pay attention to, and how the methodology is being applied in Europe today.
Strategy to Execution: Tips to Execute Your Strategy With Excellence.Avi Mizrahi, MBA, BBA.
Strategy is sexy. Execution is really difficult. Perhaps that's why so many strategic initiatives fail. I believe that transitioning from strategy to execution is the biggest challenge facing today's organizations. Execution is a leader's job and this presentation will lay out a practical approach to ensure your strategy is executed with excellence.
Early integration planning is critical for successfully implementing your M&A transaction. Mergers and acquisitions can create immediate value opportunities and provide a solid foundation for growth. However, a key challenge for any merger or acquisition is to quickly integrate operations using the same employees who are required to run the day-to-day business. Early planning, e.g., even prior to having a deal in place, will help you jumpstart the M&A integration process and can minimize employee distraction and workload. This document provides an overview of the steps that you can take to prepare for your merger or acquisition and successfully overcome these challenges.
For more information, please visit www.scottmadden.com.
Learn how to go from traction to scale. The first stage is to understand your current team, your vision, and your long term goals. From there, you can start building and preparing your B2B SaaS team for growth.
The Project Management Office - Effectiveness and Delivering ValueMatthew Hillhouse
This whitepaper examines the question of whether PMOs are, in fact, negative entities and lack organizational worth. Or, is it possible to effectively leverage a PMO and deliver value to the organization?
Balanced Scorecard can help improve your company’s performance. To facilitate BSC in boosting your business performance, you first have to understand how the system works from the inside. Learn more: http://www.bscdesigner.com/get-the-big-picture-about-balanced-scorecard-its-connections-and-roles.htm
Effective KPIs: 6 common problems in target setting and how to solve themAleksey Savkin
Effective KPIs cannot be just copied from some industry list, one need to develop them in the specific business context and align with company's objectives. Learn how to avoid 6 typical problems with KPIs and target settings.
Best practice management process for OKR rollout: company-wide OKR examples.
We created this guided course on the OKR best practices to make your OKR rollout smooth and successful. This course includes learnings and insights that we uncovered together with our customers over the past 8 years.
It is perfect for leaders, team managers, and OKR champions who are looking for practical resources to improve their team’s workflows.
90% of our customers who have been very successful with OKRs said that early-stage learning is the foundation of a sustainable OKR process.
These are the companies that report incredible growth and performance improvement.
In this course, you will learn:
how to align the company with OKRs
how to write engaging OKRs that work
the difference between KRs and Initiatives
the difference between OKRs and KPIs
how to facilitate teamwork and discussions
and more…
Strategy Execution
Success = Strategy + Execution
Do You Want to Crush your Sales Numbers? Strategy execution is the key to competitive advantage.
Then why are you spending so much time on building marketing plans compared to the time you spend on planning sales execution? The magic is in the execution!
Learn my 5 Step process to turning strategy into sales.
I can be reached at steven@starrseults.com or https://www.starresults.com/strategy-execution/
Regards,
Steven Rosen
MRR is the price the customer pays. Your North Star is the value they get. Mamoon Hamid, GP @ Social Capital, explains why founders need to focus on the value your product delivers, not the price the customer pays.
Best Practices in Financial Planning and Analysis | 2013 Business Analytics S...Cartegraph
Loras College is proud to present our annual Business Analytics Symposium on March 27, 2014 at the Grand River Center in Dubuque, IA. Industry experts will share their insights about the evolving field of business analytics opportunities. Learn about everything from best practices when analyzing data to the importance and benefits of building a culture of analytics within your organization.
To learn more, secure your seat or to take advantage of group discounts visit www.loras.edu/bigdata.
Management Consulting Toolkit - Framework, Best Practices and TemplatesAurelien Domont, MBA
This Toolkit was created by ex-McKinsey, Deloitte & BCG Consultants, after 2,000+ hours of work. It is considered the world's best & most comprehensive Management Consulting Toolkit. It includes all the Frameworks, Tools & Document Templates required to improve the Management Consulting Capability of your organization & excel as a Management Consultant. This Slideshare Powerpoint presentation is only a small preview of our Toolkit. You can download the entire Toolkit at www.slidebooks.com
More Information:
https://mark-bridges.medium.com/the-top-101-consulting-frameworks-of-2020-3b9be58ce18e
At the end of each year, we publish a list of the top 101 consulting frameworks from the FlevyPro Library. We add new frameworks to FlevyPro each week based on market trends (e.g. Digital Transformation, Customer-centric Design) and customer demand. (See the top 101 consulting frameworks of 2019.)
Business frameworks are powerful tools consultants leverage to address their clients’ business issues in an organized, thorough, and efficient fashion. Each of our framework guides is a detailed PowerPoint presentation that provides a structured approach to analyzing and solving a common business problem, from issues in Strategy Development to Digital Transformation to Leadership Development.
Got a question about this presentation? Email us at support@flevy.com.
Learn everything you need to know to get started with Objectives and Key Results. How to implement them, what you should pay attention to, and how the methodology is being applied in Europe today.
Strategy to Execution: Tips to Execute Your Strategy With Excellence.Avi Mizrahi, MBA, BBA.
Strategy is sexy. Execution is really difficult. Perhaps that's why so many strategic initiatives fail. I believe that transitioning from strategy to execution is the biggest challenge facing today's organizations. Execution is a leader's job and this presentation will lay out a practical approach to ensure your strategy is executed with excellence.
Early integration planning is critical for successfully implementing your M&A transaction. Mergers and acquisitions can create immediate value opportunities and provide a solid foundation for growth. However, a key challenge for any merger or acquisition is to quickly integrate operations using the same employees who are required to run the day-to-day business. Early planning, e.g., even prior to having a deal in place, will help you jumpstart the M&A integration process and can minimize employee distraction and workload. This document provides an overview of the steps that you can take to prepare for your merger or acquisition and successfully overcome these challenges.
For more information, please visit www.scottmadden.com.
Learn how to go from traction to scale. The first stage is to understand your current team, your vision, and your long term goals. From there, you can start building and preparing your B2B SaaS team for growth.
The Project Management Office - Effectiveness and Delivering ValueMatthew Hillhouse
This whitepaper examines the question of whether PMOs are, in fact, negative entities and lack organizational worth. Or, is it possible to effectively leverage a PMO and deliver value to the organization?
Balanced Scorecard can help improve your company’s performance. To facilitate BSC in boosting your business performance, you first have to understand how the system works from the inside. Learn more: http://www.bscdesigner.com/get-the-big-picture-about-balanced-scorecard-its-connections-and-roles.htm
Effective KPIs: 6 common problems in target setting and how to solve themAleksey Savkin
Effective KPIs cannot be just copied from some industry list, one need to develop them in the specific business context and align with company's objectives. Learn how to avoid 6 typical problems with KPIs and target settings.
Business and strategy scorecards - free webinarAleksey Savkin
How to describe vague strategic ideas in a form of a clear business strategy and communicated these ideas to your employees so that they know exactly what they need to do.
We discussed the process of designing and implementing the Balanced Scorecard in the eTraining, “Practical Introduction to the Balanced Scorecard,” available at www.ScoreCardTrainings.com.
In this bonus mini-lesson, we will focus on the implementation plan for the Balanced Scorecard.
It will require a significant investment to design a Balanced Scorecard for your company and put it into use. As a result, it is obviously necessary to create an implementation plan.
Why and how to build a Balanced Scorecard for a startup companyAleksey Savkin
Startup company need to have a crystal-clear understanding of their strategy, and need to explain the idea to the potential investors.
Learn more http://www.bscdesigner.com/bsc-for-a-startup.htm
Convincing stakeholders to use the Balanced Scorecard approach might be a tough task. Use these slides to explain the benefits of the approach, and the benefits of using BSC Designer as an automation software for your business scorecard.
Marketing Scorecard with KPIs, Marketing Funnel, and Strategy MapAleksey Savkin
Only 38% say that they can measure marketing profitability, 23% measure internal marketing metrics only. Learn how to build your marketing scorecard with key metrics and performance indicators, take into account marketing funnel, and prepare a strategy map.
Put it-all-together: Business or Balanced Scorecard, KPIs, Strategy MapAleksey Savkin
Any professional involved in the Balanced Scorecard drew a well-known 4 sector diagrams on the flip chart. Popular 4 perspectives of the Balanced Scorecard seem to be everywhere, but are they the most important part? What is the best way to explain to someone about a Balanced Scorecard concept?
For my opinion, instead of talking about 4 perspectives it makes much more sense to focus on strategies (including generic ones) and the cause-and-effect connection between business objectives.
What do you think? How do you explain the basics of the Balanced Scorecard if someone asks you?
A journey from a bad kpi to an excellent strategyAleksey Savkin
When I face a business challenge I'm trying to see the root of the problem. Having a quick-fix solution is fine, but what if a quick-fix solution is not possible unless fundamental issues are resolved. I see this often with KPIs. People ask to help with KPIs for this or for that, but the problem that they actually experience is a fundamental one - they have a vague strategy that is hard to follow.
Recently I had a conversation with Pablo, one of our Spain-based customers. His company is a leading national manufacturer and his question was about a KPI to help with the poor performance of their business. Our dialog was really insightful for both of us. Pablo sorted out things about strategy and KPIs; I was able to trace verbally the problem of a bad KPI back to its root - a poorly formulated strategy.
The result is not an article, but a dialog between me and Pablo. Together we completed a journey from a pointless KPI request to ideas about formulating a better strategy:
http://www.bscdesigner.com/a-journey-from-a-bad-kpi-to-an-excellent-strategy.htm
How to find leading measures - ready to use guideAleksey Savkin
How do you find "leading" metrics?
I think everyone will agree that in the business scorecard there should be a balanced set of lagging and leading metrics. Business experts are exercising in explaining the difference (I'm not an exception, the last attempt is using a golf metaphor). But the main mystery remains unsolved - how do we find those excellent leading metrics?
In this article (http://www.bscdesigner.com/find-leading-measures.htm) I shared my thoughts. My method is about a mix of calculations, social research methods, scientific measurement and conducting tests under artificial conditions (a/b tests in simple words). I cannot say that it works for me in 100% of the cases, but at least it is a good starting point for me and my clients.
I'm interested in the opinion of the group members about the suggested approach, and I'm interested even more in learning the best practices about finding leading measures that work for you.
SWOT: does anyone besides MBA professors and consultants use it?Aleksey Savkin
Recently I came across a research done back in 1997 that empirically proved that SWOT does not work! It seems that SWOT is promoted as a must-use business tool in any MBA program, and numerous consultants are happy to sell it and its derivatives, but the benefit for the real business is questionable.
I shared the results of the research and some thoughts on the topic in the new article and this presentation:
http://www.bscdesigner.com/swot-outside-mba-classrooms.htm
What do you think about SWOT? It is a must-have business tool or it is more an exercise for MBA students?
"Upgrade is needed" indicator for your business scorecardAleksey Savkin
One of our customers asked, how often he should do a major upgrade of their Balanced Scorecard. I had some thoughts on the topic which mainly were focused on the link between a company's strategy and a Balanced Scorecard. Trying to put things together I found out that an upgrade plan for the Balanced Scorecard is quite similar to the one for a car:
-- One need for feeding BSC with data; is similar to tanking a car with fuel;
-- There are some minor updates, choosing better KPIs if needed; which are similar to car's regular service checks;
-- There are major upgrades of BSC stressed by changed business environment; in car analogy, as when one buys a new car because life's priorities have changed;
Following a car analogy: modern cars have an oil life indicator that is based on the measurement of electric conductivity. It tells a driver based on actual data when it is time to go to the service center. My idea is to supply a business scorecard with an "upgrade is needed" indicator, which might be as simple as a countdown of a specified period of time or a sophisticated combination of other indicators.
All these ideas were summarized in the presentation and the article here:
http://www.bscdesigner.com/upgrade-is-needed-indicator-for-bsc.htm
What do you think about an idea to use "upgrade is needed" indicator on a scorecard?
10 Steps to Find Best KPIs by BSC DesignerAleksey Savkin
KPIs designed specifically for your business work much better that indicators taken from the list of metrics on the Internet. Learn how to create great KPIs right for your organization.
10 principles for designing quality control scorecard and KPIsAleksey Savkin
A Balanced Scorecard is not positioned as a quality control tool, but regularly I see among our users efforts to integrate quality-related metrics into their Balanced Scorecards, or simply create a KPI scorecards with a bulk of different quality indicators. I've compiled the list of 10 best practices that we've learned from these cases.
As always, I'd like to hear your opinion. Do you use quality indicators on your business scorecard?
Based on: http://www.bscdesigner.com/10-tips-about-using-business-scorecard-and-kpis-for-ongoing-quality-control.htm
Key Performance Indicators (KPIs) should be used to understand performance and drive better decision-making. However, most companies struggle to find the vital few KPIs. Here is a list of the 25 top KPIs is use today.
Lightweight Business Intelligence with MongoDBMongoDB
Long the provence of specialists in the hermetic world of enterprise software development, business intelligence (BI) is increasingly important to smaller, more agile companies and startups who need access to near-real-time information to make critical business decisions. With its support for aggregation and reduction of massive amounts of data and its flexible schemas, MongoDB is a great choice for creating lightweight, denormalized data stores optimized for BI, with the added bonus of peaceful co-existence with transactional data stores. In this talk I will explore how Trunk Club uses MongoDB to capture and analyze customer information, monitor user behaviour, feed machine-learning algorithms for decision support, and deliver value to business stakeholders through simple querying and reporting interfaces.
Running head ABC INTERNATIONAL, INC.1ABC International, Inc..docxtoddr4
Running head: ABC INTERNATIONAL, INC. 1
ABC International, Inc. 5
ABC International, Inc.
Marquita Watkins
HRM5000 | Strategic Human Resource Management
South University - Online
April 20, 2020
A balanced scorecard (BBC) is a management system and strategic planning performance metric that organizations use to identify and enhance different internal functions and their external outcomes. A balanced scorecard was first introduced by Robert Kaplan and David Norton in 1992. They took previous performance metrics and reformed them to incorporate nonfinancial information. This paper will, therefore, evaluate the purpose of a balanced scorecard, recognise the categories on the balanced scorecard, defend the significance of a balanced scorecard, and, lastly, design a supplemental graphic of a balanced scorecard.
Purpose of a Balanced Scorecard
BSC has several purposes. Organizations can use BSC to communicate what they want to accomplish. They can also use a balanced scorecard to prioritize products, services, and projects (balancedscorecard.org). Besides that, they can use the balanced scorecard to monitor and measure progress and to align the everyday work that every employee is doing with the company’s strategy.
Many large companies all over the world use the balanced scorecard. More than half big companies in Asia, Europe, and the U.S. are using a balanced scorecard, with the use increasing in those areas as well as Africa and the Middle East. According to recent research, BSC is among the top ten mostly largely used performance metric around the world (balancedscorecard.org). Harvard Business Review editors have also selected BSC as one of the most influential management tools of the past seventy-five years.
Categories on the BSC
Traditional Categories
The four categories of BSC are customer, learning and growth, internal, and financial perspective. The financial perspective is normally traditional measures. They usually seek to answer the following question: how should an organization appear to shareholders in order to thrive financially? Financial measures usually convey the economic results for the specific actions already undertaken by the company and focus on measures that relate to profitability (Malgwi & Dahiru, 2014). Under financial perspectives, the most common measures used include Cash Flow, Revenue Growth, Net Operating Income, and Return on Investment. Financial Data such as expenditures, income, and sales are used to understand and evaluate financial performance.
Communication Flow
The content of an organizational BSC must be communicated to all stakeholders in a clear, timely, correct, structured, complete, and honest manner to arouse company-wide commitment and to gain buy-in for it. When the BSC has been communicated in this manner, the entire company will realize the significance of continuous improvement, strategic thinking, learning, and personal development.
The Role of HR Professionals
HR professional.
Future of Design in Start-Ups Survey 2017 Albert Lee
We launched the Future of Design in Start-Ups survey last year to set a baseline for how design operates in the tech ecosystem and also to begin to track what value is created by design in fast growing companies.
This year, we asked some of the same questions from 2016 to create a trailing data set. We also wanted to dig into the nitty gritty of design teams (structures, salaries, etc.) and squint at where design might be going within start-ups in the future (new skills, new mediums, etc.).
We heard responses from over 350+ companies and this is a summary of what was shared. A sincere thank you to all those that responded!
David Stack: Reporting for Duty: The Case for a Strong Reporting Structure David Stack
From David Stack: "A critical aspect of a CFO’s role at a startup is facilitating the creation and implementation of a strong, comprehensive reporting structure. This reporting algorithm should evaluate the current health of the business by identifying key sensitivities in the business model, tracking progress in scaling the company, providing a useful dashboard for each separate department, and serving as a tool both the CEO and management team can use to grow the business. Additionally, a great reporting package will allow you to analyze your current data to identify upcoming trends."
Business plans are documents that guides internal processes of a business, they are the heart of large project financing, forming partnerships and even for recruiting high level executives.
A well developed business plan will have a massive impact have on your project. Therefore, you need to present a business plan that clearly articulates your company and vision.
This white paper will guide you to avoid common mistakes that companies make when developing a business plan for large projects an learn how to package a business plan for Large project sponsors including local and international banks, investors, grant givers and other funders.
Launching a project in Africa?, contact Brockville Africa Project team for a Free Project Assessment projects@brockvilleinvestments.africa
http://eepurl.com/gxTg51
The Balance Score Card (BSC) drives the direction in which a manager wants to take their business. BSC provides a platform acts as a measuring tape to determine whether the set goals have been met or exceeded. It adds non-financial metrics to traditional financial metrics to give a well-rounded view of the performance in an organization.
Implementing Balanced Scorecard In Organization PowerPoint Presentation SlidesSlideTeam
Presenting this set of slides with name - Implementing Balanced Scorecard In Organization Powerpoint Presentation Slides. This aptly crafted editable PPT deck contains twentyseven slides. Our topic specific Implementing Balanced Scorecard In Organization Powerpoint Presentation Slides presentation deck helps devise the topic with a clear approach. We offer a wide range of custom made slides with all sorts of relevant charts and graphs, overviews, topics subtopics templates, and analysis templates. Speculate, discuss, design or demonstrate all the underlying aspects with zero difficulty. This deck also consists creative and professional looking slides of all sorts to achieve the target of a presentation effectively. You can present it individually or as a team working in any company organization.
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...Aleksey Savkin
The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignment of goals, initiatives, and KPIs.
Key Components:
- Stakeholder Analysis
- Strategy Decomposition
- Adoption of Business Frameworks
- Goal Setting
- Initiatives and Action Plans
- KPIs and Performance Metrics
- Learning and Adaptation
- Alignment and Cascading of Scorecards
Benefits:
- Systematic strategy formulation and execution.
- Framework flexibility and automation.
- Enhanced alignment and strategic focus across the organization.
What is a perfect KPI? It should have a name, baseline, target, strategic goal behind it, updated regularly, being used according to certain scenario, induce right behavior, etc.
In this presentation we'll discuss a KPI template that consists of 12 steps that help to generate right KPIs.
Reference:
KPI Template (article) https://bscdesigner.com/kpis-guide.htm#kpitemplateinfographic
BSC Designer (software): https://bscdesigner.com/try-bscdesigner
What KPIs should a startup use? Why and how build a Balanced Scorecard for a startup? Learn more: https://bscdesigner.com/startup-kpis.htm
Main topics of the presentation:
- General diagram
- 1. Attraction KPIs
- 2. Engagement KPIs
- 3. Value KPIs
- 4. Retention KPIs
- 5. Economic KPIs
- Automation software
- Balanced scorecard for a startup
After another question about “calculating the scorecard index” I understood that some of our clients don’t have a clear understanding of the math that stands behind a KPI, its performance, and the scorecard. I decided to create a “101”-level presentation that explains the basics of KPI from the mathematical point of view:
It is based on the article:
http://www.bscdesigner.com/scorecard-and-kpis-101.htm
Reviewed topics are:
- Calculating the performance using “min” and “max” of an indicator;
- Using linear and non-linear functions for the performance;
- Calculating the progress from the baseline towards target;
- Introduction of the indicator “weight” to reflect a relevant importance of an indicator;
- Calculating the total performance index of the scorecard.
Please, share your thoughts about the scorecards as a tool:
-- For what task do you use them?
-- Do you define the relevant importance of indicators on the scorecard?
-- Do you calculate and use the total performance index?
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
3. THE BALANCED SCORECARD
Is recognized
world-wide by
companies'
executives
All key
employees,
business owners,
and top managers
must be involved
BSC DESIGNER
4. THE BALANCED SCORECARD
Is recognized
world-wide by
companies'
executives
All key
employees,
business owners,
and top managers
must be involved
The biggest
challenge is a
motivational
problem
BSC DESIGNER
5. THE BALANCED SCORECARD
Is recognized
world-wide by
companies'
executives
The biggest
challenge is a
motivational
problem
All key
employees,
business owners,
and top managers
must be involved
Before starting a
Balanced Scorecard
project it is
necessary to explain
this business
approach to all
stakeholders
BSC DESIGNER
7. More than 50 %
of large enterprises use some type of
a balanced scorecard.
— Study by Cranfield University
THE BALANCED SCORECARD IS ALREADY USED WIDELY
BSC DESIGNER
8. 31%
of companies reported Balanced
Scorecard as extremely helpful;
42% as a very helpful.
— 2GC Balanced Scorecard usage survey
THE BALANCED SCORECARD IS ALREADY USED WIDELY
BSC DESIGNER
9. 34%
of interviewed companies use BSC
for strategic management, 35% for
reporting, 17% for operational
management.
— 2GC Balanced Scorecard usage survey
THE BALANCED SCORECARD IS ALREADY USED WIDELY
BSC DESIGNER
10. 70%
of organizations had at least partially
implemented a Balanced Scorecard
by 2006.
— Bain & Co
THE BALANCED SCORECARD IS ALREADY USED WIDELY
BSC DESIGNER
11. 50%
of Fortune 1,000 companies are
using the Balanced Scorecard.
— Bain & Co
THE BALANCED SCORECARD IS ALREADY USED WIDELY
BSC DESIGNER
12. BALANCED SCORECARD was one
of the 5 most used business
tools in 2013.
— Bain & Co, Management Tools & Trends 2013
THE BALANCED SCORECARD IS ALREADY USED WIDELY
BSC DESIGNER
13. Find all the mentioned statistics in
the BALANCED SCORECARD FACT
SHEET AND STATISTICS section at
— www.BSCDesigner.com
THE BALANCED SCORECARD IS ALREADY USED WIDELY
BSC DESIGNER
15. By now we see
that the
Balanced
Scorecard is used
widely, but WHY
is it used?
16. 97%
of typical workforce does not
understand its organizations’ strategy.
— Balanced Scorecard Collaborative
PROBLEMS THAT ALL COMPANIES FACE AND
THAT BALANCED SCORECARD ADDRESSES
BSC DESIGNER
17. 90%
of organizations fail to execute their
strategies successfully.
— Balanced Scorecard Collaborative
PROBLEMS THAT ALL COMPANIES FACE AND
THAT BALANCED SCORECARD ADDRESSES
BSC DESIGNER
18. 70%
of organizations do not link middle
management incentives to strategy.
— Balanced Scorecard Collaborative
PROBLEMS THAT ALL COMPANIES FACE AND
THAT BALANCED SCORECARD ADDRESSES
BSC DESIGNER
20. LINE-LEVEL EMPLOYEES start seeing
the connection between what they
are doing now and the strategy of the
company.
BALANCED SCORECARD ALLOWS ONE TO
SEE THE BIG PICTURE
BSC DESIGNER
21. EXECUTIVES enjoy the top view of
what's happening in the company, why
it’s happening and what is the
response of the business on this.
BALANCED SCORECARD ALLOWS ONE TO
SEE THE BIG PICTURE
BSC DESIGNER
23. IF YOU WOULD HAVE EXECUTED IT
BETTER IF YOU WOULD SEE A BIG
PICTURE OF WHAT'S GOING ON?
ANALYZE YOUR LAST FAILURE
BSC DESIGNER
24. IF YOUR EMPLOYEES WOULD ACHIEVE
BETTER RESULTS IF THEY WOULD HAVE
KNOWN WHAT STRATEGIC PLAN STANDS
BEHIND THEIR JOB?
ANALYZE YOUR LAST FAILURE
BSC DESIGNER
25. IF YOUR PROJECT WOULD BE MORE
PREDICTABLE IF YOU WOULD USE
CLEARLY DEFINED MEASURES AND KPIS?
ANALYZE YOUR LAST FAILURE
BSC DESIGNER
27. TO EXECUTE A BUSINESS
STRATEGY EFFECTIVELY
stakeholders need to see the big
picture of what's happening in the
business and why.
Management initiatives should be aligned with strategy and
we need KPIs to know that we are on the right track.
HOW EXACTLY CAN THE BALANCED
SCORECARD HELP?
BSC DESIGNER
28. THE BALANCED SCORECARD
obligates top managers to formalize
their strategic ideas into a form of a
strategy map.
Business objectives should be linked with each other by a
cause-and-effect connections.
HOW EXACTLY CAN THE BALANCED
SCORECARD HELP?
BSC DESIGNER
29. With the Balanced Scorecard KPIs will
be aligned to business objectives.
We will know if we are on the right track towards achieving
the business goal.
HOW EXACTLY CAN THE BALANCED
SCORECARD HELP?
BSC DESIGNER
30. In the Balanced Scorecard for each
business objective we will have an
action plan.
It will tell employees what they should do to achieve the
specific business goal.
HOW EXACTLY CAN THE BALANCED
SCORECARD HELP?
BSC DESIGNER
31. The Balanced Scorecard project will
be cascaded.
BSC project will be delegated to department levels.
HOW EXACTLY CAN THE BALANCED
SCORECARD HELP?
BSC DESIGNER
33. The Balanced Scorecard is not a
replacement for classical project
management tools.
The BSC addresses the strategy execution problems, not a task
management challenges.
YOU STILL NEED YOUR PROJECT MANAGEMENT TOOLS
BSC DESIGNER
34. The Balanced Scorecard gives a
business context for operational tasks.
Instead of just doing their job, employees will be able to
understand why they are doing it and why it is important.
YOU STILL NEED YOUR PROJECT MANAGEMENT TOOLS
BSC DESIGNER
35. Companies that have implemented
the Balanced Scorecard have reported
significant increases in ultimate
business performance.
The Balanced Scorecard allows changing
the perception of the job.
YOU STILL NEED YOUR PROJECT MANAGEMENT TOOLS
BSC DESIGNER
36. 83%
found the most significant impacts of
Balanced Scorecard implementation
in business actions.
— 2GC Balanced Scorecard usage survey
BSC DESIGNER
37. 80%
of organizations using Balanced
Scorecard reported improvements in
operating performance.
— Balanced Scorecard Forum
BSC DESIGNER
40. Most businesses have some type of a
dashboard. A dashboard and a
Balanced Scorecard are not the same
business tools.
They are designed for different purposes.
A BALANCED SCORECARD AND A DASHBOARD
ARE NOT THE SAME
BSC DESIGNER
41. Dashboards are great for monitoring
of the current business state.
Dashboards help to generate some business insights.
A BALANCED SCORECARD AND A DASHBOARD
ARE NOT THE SAME
BSC DESIGNER
42. You will need a scorecard that will
track your progress towards specified
business objectives.
Use the Balanced Scorecard when it comes to new challenges.
A BALANCED SCORECARD AND A DASHBOARD
ARE NOT THE SAME
BSC DESIGNER
43. Learn more about the difference in
the article:
"What’s the difference between a Dashboard and a Balanced
Scorecard?“ on www.bscdesigner.com
A BALANCED SCORECARD AND A DASHBOARD
ARE NOT THE SAME
BSC DESIGNER
44. WHAT ARE THE BENEFITS OF THE
BALANCED SCORECARD?
45. BSC FOR A TOP MANAGER
Visualizes
strategic
information on
the strategy map
BSC DESIGNER
46. BSC FOR A TOP MANAGER
Displays the
big picture of
what's going
on in the
company
Helps to
formulate and
execute the
strategy
Visualizes
strategic
information on
the strategy map
Top manager have
the understanding of
the cause-and-effect
connections
between involved
business objectives
and suggested
business solutions
BSC DESIGNER
47. BSC FOR A BUSINESSS UNIT MANAGER
Helps to
monitor the
current
performance
BSC DESIGNER
48. BSC FOR A BUSINESSS UNIT MANAGER
Helps to
monitor the
current
performance
Helps to tracks
the progress
towards
business
objectives
Visualizes
important
performance
information
Top level initiatives
are translated more
logically. Managers
focus on what
matters, and avoid a
job that doesn't help
the company to
execute its strategy
BSC DESIGNER
49. BSC FOR LINE-LEVEL EMPLOYEES
Shows how
the current
task is linked
to the
company's
strategy
BSC DESIGNER
50. BSC FOR LINE-LEVEL EMPLOYEES
Shows how
the current
task is linked
to the
company's
strategy
Tracks the
current
performance
transparently
Employees are
happy to do a job
where a final
objective and the
progress
measures are
clearly defined
Knowing the
ultimate goal helps
employees to do
their job more
effectively
BSC DESIGNER
52. DO NOT RUN THE BSC PROJECT BY
YOURSELF. Top managers like to play
their business toys alone. In the case of
the Balanced Scorecard this won't work.
Involve your team as soon as possible.
In this way you will come up with better KPIs, business
objectives, action plans and finally will achieve better results.
BALANCED SCORECARD'S DON'TS
BSC DESIGNER
53. DO NOT USE REWARD KPIs. Linking
rewards to specific KPI will make the
life of HR much easier, but it is not
recommended to use Reward KPIs on
your scorecard.
Researches and best practices also confirm this point of view.
Check out "Compensation and reward KPI best practices"
article on www.bscdesigner.com for details.
BALANCED SCORECARD'S DON'TS
BSC DESIGNER
54. DO NOT COPY KPIs FROM OTHER
BUSINESSES. You need to map your
business objectives and then come up
with KPIs that will measure your progress
towards business objectives or monitor
your current performance.
Business objectives come first, not KPIs. For that reason it
doesn't make sense copying KPIs from others.
BALANCED SCORECARD'S DON'TS
BSC DESIGNER
56. KPIS ARE FOR MEASUREMENT,
NOT FOR MANAGEMENT.
They can give some insights, but they
lack the connection with strategy,
business objectives and action plans.
— Learn more in the article:
"Why most KPIs don't work and what to do about this."
WE ALREADY HAVE KPIs!
BSC DESIGNER
58. As it was shown the Balanced
Scorecard is not about few KPIs and it
is not for the top managers only.
To help company execute its strategy, the Balanced Scorecard
should be a part of the business toolkit of all departments.
CHOOSING AN AUTOMATION TOOL
BSC DESIGNER
59. Excel is a great choice when you are
on the stage of a prototype.
To help company execute its strategy, the Balanced Scorecard
should be a part of the business toolkit of all departments.
CHOOSING AN AUTOMATION TOOL
BSC DESIGNER
60. When it comes to the strategy map,
cascading, sharing your BSC, choose a
professional Balanced Scorecard
software like BSC Designer.
BSC Designer you can link a KPI to your data in MS Excel.
CHOOSING AN AUTOMATION TOOL
BSC DESIGNER
61. Facts tell, stories sell. We shared
many facts about the Balanced
Scorecard.
To be really persuasive one need to share stories about the
Balanced Scorecard with their stakeholders.
CHOOSING AN AUTOMATION TOOL
BSC DESIGNER
67. 80
testimonials from users from various
businesses from all over the world.
— www.bscdesigner.com/about-us/testimonials
CHOOSING AN AUTOMATION TOOL
BSC DESIGNER
68. Business people like to see not just
user's testimonials, but the case
studies with even more facts and
details.
Share with your stakeholder one of the business stories from
case study section on www.bscdesigner.com
CHOOSING AN AUTOMATION TOOL
BSC DESIGNER
70. Find more insightful
articles about the
Balanced Scorecard
in ”Articles” section at
www.bscdesigner.com
MORE ABOUT THE BALANCED SCORECARD
BSC DESIGNER
71. THANK YOU!
Feel free to send us your questions using the contact form at
www.bscdesigner.com