Selecting Balanced Scorecard Software

It was noted in last week’s Insight that 29% of Balanced Scorecards are managed using basic documents.  These documents include free-form text, presentations and spreadsheets.  It is the latter, spreadsheets, that are the most prolific.  Creating a...

29% Scorecards Managed Using Basic Documents

The 2014 Balanced Scorecard survey was a joint effort between 2GC Active Management and Intrafocus. Using two companies with different approaches to the market to conduct the survey has resulted in a much more ‘balanced’ result (forgive the pun). One of the surprising...

Do You Need a Strategy Director?

Ask any Board of Directors if they need a Strategy Director and more often than not the answer will be no. They will quickly point out that Strategy is everyone’s job, it is not something that should be considered a bolt-on. They will point out that it is the job of...

What are Performance Thresholds?

A Key Performance Indicator has limited value unless it can be compared to something. There may be some value as a record of change over time; however, unless it is known what sort of change is required, even this has little value. A KPI without a comparator can be...

Step 8 – Alignment

Nine Steps to Success™ – Step 8 Alignment Alignment is the eighth step of the Balanced Scorecard Institutes framework for strategic planning and management, the Nine Steps to Success™. The importance of strategic alignment cannot be under-estimated. In its recent...