Läs hur de mest framgångsrika Balanced Scorecard användarna har arbetat för att nå extraordinära resultat!Här kan du ladda hem ett litet urval av våra olika artiklar. Klicka på det dokument du önskar hämta hem.
Klicka här om du vill läsa artikeln; "How a Management System Helps You Cope with a Recession">> Cost cutting is no formula for surviving tough economic times. Across-the-board cuts that ignore the strategy and key objectives and their casual relationship can knock a company off course entirely, jeopardizing its long-term strategy and mission. Instead, says David Norton, adapt the strategy map. With the six-stage management system as your guide, you can shift to a short term-plan – with the speed and agility – knowing the causal impact up front.
Klicka här om du vill läsa artikeln; "Managing Projects in Turbulent Times">> Strategic initiatives are major drivers of organizational progress and are designed to transform enterprise processes or knowledge assets. Unfortunately, many initiatives suffer from poor project management?they are launched without clear business cases, paid too little attention from senior leaders, and managed without strong project governance. The costs of these and other mistakes are significant.
Klicka här om du vill läsa artikeln; "Developing the Strategy: Vision,Value Gaps, and Analysis">> During the past 30 years, much attention has been focused on how companies can formulate new strategies for sustainable advantage. In this first of two articles on strategy development, adapted from Kaplan and Norton’s forthcoming book, The Execution Premium, the authors explore the key steps that establish a foundation for formulating strategy, from defining mission, vision, and values to strategic analysis.
Klicka här om du vill läsa artikeln; "Does Your Organization Have the Capabilities to Execute Strategy?">> No organization can successfully execute strategy without the right people, processes, and technology (and information) capabilities. Yet, surprisingly, many organizations lack a clear idea of what capabilities are required and where the deficiencies are. The approach described in this article, which builds on Kaplan and Norton’s concept of human capital and IT readiness reporting, provides a road map for organizations to follow to identify and assess capability gaps and puts in place a management process to close these gaps.
Klicka här om du vill läsa artikeln; "Combining Hoshin Planning with the Balanced Scorecard to Achieve Breakthrough Results">> Many organizations today are adopting the Lean and Lean Six Sigma (LSS) tools and philosophies. Earlier research we performed on LSS raised our curiosity as to what complementary effects, if any, exist for organizations that adopt both LSS and strategy or policy deployment tools such as the Balanced Scorecard (BSC) and Hoshin Planning. The results reveal that the combination of the BSC and Hoshin Planning can be especially helpful for those organizations pursuing LSS.
Klicka här om du vill läsa artikeln; "Managing the Multiple Dimensions of Risk: Part I">> "Managing the Multiple Dimensions of Risk: Part II">> All profit and nonprofit enterprises face three different categories of risk. Each has a different degree of controllability—from complete to zero—and each requires a different approach for mitigation and management. Read this monthly premium article written by Professor Robert Kaplan and Anette Mikes Harvard Business School and be inspired how your organization can work to minimize the risks.
Klicka här om du vill läsa artikeln; "Creating Budget-less Organizations with the Balanced Scorecard">> Borealis, a leading European plastic company decided it was time to do away with budgets ? no small task for a global company operating in a cyclical highly technical and fast-changing industry. Thanks to the Balanced Scorecard and other innovative management techniques., the company was able to drop its budget and gain an edge on completion.
Klicka här om du vill läsa artikeln; "Testing, Monitoring, and Adjusting Strategic Objectives through Data Analytics">>
Klicka här om du vill läsa artikeln; "Never Underestimate the Importance of Soft Skills in Executing Strategy">> With a decade of Balanced Scorecard implementation experience under his belt, one senior executive reflects on what worked best and why. Based on his very practical experience, he learned the wisdom of shifting his emphasis to focus more on the “soft” side to achieve sustainable transformation. As many others have observed, “It’s the soft stuff that’s hard.” Indeed, the mechanics of strategy execution can be taught in books (and is!). But it’s the soft side of organizational transformation that requires a more thoughtful and context-sensitive approach. Learn how one savvy leader turned the situation on its head by using the mechanics of execution to effect change.
Klicka här om du vill läsa artikeln; "Whats missing from Your Scorecard? Eight Vital but often overlooked metrics">> Everyone, even companies with model Balanced Scorecard, struggles with developing performence metric. Many oraganizations dont properly account for frequency of variation, identify right dtata sources and ensure their reliability, or use enough leading (vs. lagging) measures. And some unwittingly choose measures that drive the wrong behavior. Consider these ideas for eight important, but often ill-designed or completely absent, metrics.
Klicka här om du vill läsa artikeln; "The ability to implement strategies - a skill that creates competitive advantage">>
Klicka här om du vill läsa artikeln; "Strategy, Risk, and Global Financial Crisis">> Focus on the company's strategy - then the financial results will come. The recent financial crisis was above all a failure of Risk Management and short-sightedness in corporate business to give quick results. Walter Kiech (former editorial director of Harvard Business Publishing and current editorial director at Fortune) describes in this article how the strategy can help companies become more focused on the long-term business rather than focusing on short-term results.
Klicka här om du vill läsa artikeln; "From Cost Control to Dynamic Business Planning">> Elkay, the Chicago-based manufacturer of cabinets, sinks, countertops, and other commercial and residential products, has step by step built what amounts to a Holy Grail of management systems. Its integrated system arms employees and managers with the ability to make smarter, faster business decisions that translate into big savings and better profits. Read this months article and be inspired.
Klicka här om du vill läsa artikeln; "Why Budgeting Fails: One Management System Is Not Enough">> If budgeting is to have any value at all, it needs a radical overhaul. In today’s dynamic marketplace, budgeting can no longer serve as a company’s only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like.
Klicka här om du vill läsa artikeln; "How to Embed Innovation into Your Organizational Culture - Part Two">> The most innovative companies manage innovations holistically across the entire enterprise (as describe in part one of this article below). In this article the author offers successful practices used in the adoption phase of the innovation process, practices you can embed as objectives in your scorecard to ensure that ideas are successfully adopted.
Klicka här om du vill läsa artikeln; "How to Embed Innovation into Your Organizational Culture - Part One">> Recent investigations about innovation reveal that companies that innovate successfully and steadily do so by managing innovation holistically in a systematic integrated fashion in the entire enterprise. In this month article we present how you can move innovation from a classic internal process to one that permeates multiple performance dimensions.
Klicka här om du vill läsa artikeln; "Linking Strategic Planning and Rolling Financial Forcast">> In this month's article a customer case from Millipore is presented, which has linked the strategic planning (which hinges on long-term visionary thinking and cross-functional thinking) and the rolling forecasts (which focuses on the functional areas short-term goals). The result is that the initiatives required to the execute the company's strategy gets funded, even if the budgets are tight.
Klicka här om du vill läsa artikeln; "The Top Ten Attributes of Effective Leaders">> Visionary leadership and a good strategy process, that is integrated with each other, is an important component of becoming a successful organization. Nevertheless, there are many organizations that are not actively working with this integration. In this month's article there are ten hands-on tips how you as a leader effectively can improve the implementation of your organizations strategies.
Klicka här om du vill läsa artikeln; "The Office of Strategy Management - The State of The Art 2011" Many successful organizations have already introduced the concept OSM to ensure that the organization's strategy is implemented. In this month's article David Norton and Randall Russell explains how OSM can help the CEO to supervise and controll the strategy process.
Klicka här om du vill läsa artikeln; "Leading Change with the Strategy Execution System">> Research shows that leadership is the most important factor explaining whether companies succeed in implementing their Kaplan/Norton strategy execution system. In this article professor Kaplan bridge the tow disciplines to see how they reinforce each other.
Klicka här om du vill läsa artikeln; "Five Pitfalls to Avoid When Writing Performance Analysis">> Without measuring, you cant manage. But measure without proper analysis is not good enough. A written performance analysis is the foundation of the strategy review process. Read this months article and be inspired!
Klicka här om du vill läsa artikeln; "Make strategy a natural part of your organization">> Klicka här om du vill ladda ner artikeln; Integrating Planning and Performance Management at Nordea
Managing for value
The overall purpose of Nordea’s Planning and Performance Management Model (PPMM), where Balanced Scorecard (BSC) is a key tool, is to increase group wide focus on shareholder value creation, ensure aligned and focused strategy implementation and support the development of a common Nordea corporate culture and creation of one bank. BSC has had a clear impact on Nordea’s performance orientation. I have quarterly review meetings with all business areas and group functions in order to follow up strategy execution and performance, and they have as well similar management team meetings in each business area and group function. This management process, built upon PPMM and BSC, supports a team-based executive management culture, increases executive accountability with clearly defined targets and actions, and increase focus on strategic direction. All together with increased performance orientation and a new management process, the strategic performance has been improved. Unnerved by a industry downturn, a swedish furniture maker uses the scorecard to safeguard its success, Balanced Scorecard Report article.
Per-Arne Andersson, CFO 
Klicka här om du vill läsa artikeln; Användning av Balanserad styrning i Göteborgs stad – Biskopsgården Göteborgs stad har sedan många år målmedvetet valt att arbeta med balanserad styrning. I Biskopsgården vill vi utnyttja all den senaste kunskapen för att tydliggöra och genomföra strategier för att skapa mesta möjliga nytta för våra invånare. I arbetet på alla nivåer fokuserar ledare och medarbetare på hur de kan bidra till den gemensamma målsättningen.
Björn Järbur, Stadsdelschef Biskopsgården, Göteborg Stad
Klicka här om du vill läsa artikeln; En formell process för uppföljning av strategins genomförande skapar konkurrensfördelar Vår forskning har visat att organisationer som har en formell process och dedikerade resurser för att följa upp strategins genomförande är i 70 % av fallen framgångsrikare än sin jämförelsegrupp. Följ länken för att läsa en sammanfattning, gjord av Dr. David P. Norton, för att ta del av vårt forskningsresultat. |
