Dear All,
I am in process to implement the Balanced Scorecard in my Organisation.
My organization is into freight forwarding organisation. How to implement the Balanced Scorecard to mainly to Sales , Customer Service, HR, Accounts and IT People .
On the Ground
1. Financial
2. Customer
3. Internal Processes
4. Learning & Growth
How to implement this on HR & IT.
Thanks & Regards
Debajyoti
From India
3I am in process to implement the Balanced Scorecard in my Organisation.
My organization is into freight forwarding organisation. How to implement the Balanced Scorecard to mainly to Sales , Customer Service, HR, Accounts and IT People .
On the Ground
1. Financial
2. Customer
3. Internal Processes
4. Learning & Growth
How to implement this on HR & IT.
Thanks & Regards
Debajyoti
From India
Hi,
PLs see the reply.....
We are often asked for a template of a "model Balanced Scorecard." The truth is there is really no such thing. Each Balanced Scorecard should be customized to match your organizational structure, strategy, and situation.
Still, all Balanced Scorecards should contain these components:
Perspectives -- Groupings of your organization’s high-level focus areas (should take all key “"stakeholders" into account).
Objectives -- Critical top-level goals derived from current strategic plan (phrased in short, verb-noun statements, e.g. "improve customer satisfaction".)
Measures -- The best indication(s) that you are on track to achieve each objective (should have no more than 1-3 per objective).
Initiatives -- Time-specific projects (e.g. with defined start- and end-dates) that are separate from, but aligned to, strategic objectives and measures.
A Balanced Scorecard framework can provide:
Focus -- Ensure an organization is doing the right things instead of just doing things right (helps avoid focusing on perfecting a process that has little impact on critical outcomes).
Alignment -- Creates links between and across levels of your organization (particularly helpful to improve an issue that cuts across functional silos).
Accountability -- Across departments and with individuals (identifies what is strategically important, what level of performance is needed, and who is responsible).
Communication -- Translates your high-level strategy into words that are meaningful and relevant throughout the organization.
From India, Coimbatore
PLs see the reply.....
We are often asked for a template of a "model Balanced Scorecard." The truth is there is really no such thing. Each Balanced Scorecard should be customized to match your organizational structure, strategy, and situation.
Still, all Balanced Scorecards should contain these components:
Perspectives -- Groupings of your organization’s high-level focus areas (should take all key “"stakeholders" into account).
Objectives -- Critical top-level goals derived from current strategic plan (phrased in short, verb-noun statements, e.g. "improve customer satisfaction".)
Measures -- The best indication(s) that you are on track to achieve each objective (should have no more than 1-3 per objective).
Initiatives -- Time-specific projects (e.g. with defined start- and end-dates) that are separate from, but aligned to, strategic objectives and measures.
A Balanced Scorecard framework can provide:
Focus -- Ensure an organization is doing the right things instead of just doing things right (helps avoid focusing on perfecting a process that has little impact on critical outcomes).
Alignment -- Creates links between and across levels of your organization (particularly helpful to improve an issue that cuts across functional silos).
Accountability -- Across departments and with individuals (identifies what is strategically important, what level of performance is needed, and who is responsible).
Communication -- Translates your high-level strategy into words that are meaningful and relevant throughout the organization.
From India, Coimbatore
Hi
When you use internet explorer, pls pay attention to sidebar. You can see articles related, pdf or ppt file…you can find out your info.
Apart from that, you also ref more information at: Balanced scorecard Books
Best regards
From Vietnam, Hanoi
When you use internet explorer, pls pay attention to sidebar. You can see articles related, pdf or ppt file…you can find out your info.
Apart from that, you also ref more information at: Balanced scorecard Books
Best regards
From Vietnam, Hanoi
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Balanced Scorecard.zip
Balanced Scorecard.pdf