The following is reprinted with permission from strategicplanningMD.As simple a concept as balanced scorecards are, organizations still have difficulty implementing them effectively. Although the ...

Businesses establish a balanced scorecard to align all their company activities. This type of performance management framework adds non-financial measures to traditional financial metrics and gives ...

What Is Scorecard And Dashboard? An example of a dashboard is one that monitors performance, and a scorecard represents one that manages performance. When you want a concise review of a certain area, ...

Definition: A set of principles and analytic techniques for improving an organization’s performance in four general areas: financials, customers, learning and internal processes. What it means: ...

Despite the widespread use of very good financial/ERP systems and business intelligence tools, many companies are still struggling to achieve a single, balanced view of their performance. Two factors ...

The Balanced Scorecard (BSC) framework helps move you away from focusing on limited financial outcomes to join the dots between all components of planning and management. So why might this be ...

Forbes contributors publish independent expert analyses and insights. I help family offices solve next gen strategy & technology problems. Key Performance Indicators are essential in managing any ...

If you can’t measure it, you can’t manage it. Metrics, the bane and blessing of corporate citizens, emerge from this truism. Metrics allow managers to determine the efficacy of process changes and ...

Is IT running itself as a business or is this still a future goal? Measuring the right things can drive alignment and better performance. Several years ago, I got to work with CIOs on a balanced ...