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The discussion outlines the ways in which firms commonly fail in implementing BSC. These failures can be traced back to common design and implementation flaws: making the process too complicated and focusing on the BSC process rather than the outcome. The discussion will also cover design optimization across a range of key industry sectors. You'll gain expert insight into avoiding these missteps and the practical tools and perspective you need to implement BSC correctly the first time.
While the Balanced Scorecard framework is widely accepted and praised, about half of firms that implement it fail to realize the full benefits. The fault lies not with the framework, but with the design, and more importantly - execution. This book gives you the information and tools you need to adopt BSC successfully.
Design a BSC that truly and simply reflects your strategy
Customize the BSC to reflect your industry's uniqueness
Define clear measurements and ownership that suit your strategy
Develop a framework for efficient data collection and reporting
Implement effective reviews to keep your business on track
Use your Balanced Scorecard data to close performance gaps
Developed in the early 1990s, the Balanced Scorecard framework has been recognized as one of the most seminal business ideas in the last 75 years. Thousands of companies around the world use BSC to create and maintain a performance-oriented enterprise, yet just as many try and fail. Execution Excellence shows you what you need to know and do to become a BSC success story.
Customer ReviewsMost Helpful
By NT on 04-29-18
Practical, Pragmatic and Solutions-Focused
If you are looking for ideas on effective implementation of a BSC, this is the book for you. It’s straight-forward and enriched with real case studies and insights. The author doesn’t pull any punches and is generous with examples of his experience in the field.