The balanced scorecard, originally popularised by Kaplan and Norton, has become synonymous with a systematic approach to implementing a balance scorecard strategy.
Do you struggle to control the delivery of measurable results by the people that you lead? Wouldn't it be great if they stopped micromanaging each other, and were more empowered and engaged, and less apathetic? What do they want? Why haven't we totally solved this problem yet?
Strategy formulation defines how the organization is going to achieve its vision and direction, or how to close the gap between where it is now and where it wants to be.
Contracting-out services and the formation of new business alliances must be managed effectively in today's modern business environment.
There is no doubt that a system for rewarding performance can be a very powerful motivating tool to improve productivity, quality, and overall teamwork.
In our experience, and without any shadow of a doubt, the number one pitfall in organization design is changing organizational structure before the four golden guidelines I cover in this blog have been addressed.
Successful companies view their preparation of organizational strategies and operational plans, their formulation of budgets and their monitoring actual performance against planned performance as a critical investment in their capability to compete effectively in the marketplace.
Performance-linked communication is a system that relates organizational communication to the performance needs of the organization.
Once the organization’s vision has been translated into strategic goals, and then into outputs, performance measures and targets, people will know what is required of them to achieve the organization’s vision.