Using the Balanced Scorecard
11
Balanced Scorecard Software', have written a report called “Automati ng Your Scorecard: The
Balanced Scorecard Software Report” that scruti nizes the current Balanced
Scorecard application market. This report is produced every year, and was last updated at the end of 2003.
Implementation of a Bala nced Scorecard System
Figure 8.
Balanced Scorecard Performance Management System from Perform, Volume 2, Issue 2, nd.
For an organization to implement a BSC so lution, they need to have a plan.
Organizations need to work from the top dow n when implementing a BSC solution. If the management is not behind the implementing of the BSC solution, it will not succeed. On the
Masters Forum, Robert Kaplan st ates that the following are th e ingredients to a successful implementation of a BSC (at http://www.mastersforum.com/arc hives/kaplan/Kaplan_Precis.htm
,
1999):
1.
Leadership from the top. Senior manageme nt must create the climate for change.
They rationalize and align the organization.
2.
Making strategy everyone’s job. Communicatio n must be comprehensive. Goals, and the incentives established to achieve them, are in alignment.
Using the Balanced Scorecard
11
Balanced Scorecard Software', have written a report called “Automati ng Your Scorecard: The
Balanced Scorecard Software Report” that scruti nizes the current Balanced
Scorecard application market. This report is produced every year, and was last updated at the end of 2003.
Implementation of a Bala nced Scorecard System
Figure 8.
Balanced Scorecard Performance Management System from Perform, Volume 2, Issue 2, nd.
For an organization to implement a BSC so lution, they need to have a plan.
Organizations need to work from the top dow n when implementing a BSC solution. If the management is not behind the implementing of the BSC solution, it will not succeed. On the
Masters Forum, Robert Kaplan st ates that the following are th e ingredients to a successful implementation of a BSC (at http://www.mastersforum.com/arc hives/kaplan/Kaplan_Precis.htm
,
1999):
1.
Leadership from the top. Senior manageme nt must create the climate for change.
They rationalize and align the organization.
2.
Making strategy everyone’s job. Communicatio n must be comprehensive. Goals, and the incentives established to achieve them, are in alignment.
Using the Balanced Scorecard
11
Balanced Scorecard Software', have written a report called “Automati ng Your Scorecard: The
Balanced Scorecard Software Report” that scruti nizes the current Balanced
Scorecard application market. This report is produced every year, and was last updated at the end of 2003.
Implementation of a Bala nced Scorecard System
Figure 8.
Balanced Scorecard Performance Management System from Perform, Volume 2, Issue 2, nd.
For an organization to implement a BSC so lution, they need to have a plan.
Organizations need to work from the top dow n when implementing a BSC solution. If the management is not behind the implementing of the BSC solution, it will not succeed. On the
Masters Forum, Robert Kaplan st ates that the following are th e ingredients to a successful implementation of a BSC (at http://www.mastersforum.com/arc hives/kaplan/Kaplan_Precis.htm
,
1999):
1.
Leadership from the top. Senior manageme nt must create the climate for change.
They rationalize and align the organization.
2.
Making strategy everyone’s job. Communicatio n must be comprehensive. Goals, and the incentives established to achieve them, are in alignment.
Using the Balanced Scorecard
11
Balanced Scorecard Software', have written a report called “Automati ng Your Scorecard: The
Balanced Scorecard Software Report” that scruti nizes the current Balanced
Scorecard application market. This report is produced every year, and was last updated at the end of 2003.
Implementation of a Bala nced Scorecard System
Figure 8.
