Title: A1257278574EVWYR
1Intravate Balanced Scorecards Briefings Part
5 Successful Balanced Scorecard Programme
Development
2Achievement of the potential deliverables is
dependent on the breadth and quality of
deployment across
- Planning Process
- Effective translation of strategy into plans,
targets implementation - Reporting Business Performance
- Meaningful measures metrics and effective
performance reporting - Managing teams people
- Internal alignment of the organisation to key
goals strategies - Internal Communications
- A structure for communicating plans and progress
to all staff
3Variation in business impacts reflects the
quality of design deployment of scorecard
programmes.
Good design deployment
Partial deployment
Poor design or poor deployment
Source Balanced Scorecard Collaborative Survey
4Why do so many scorecard programmes under deliver?
- Poor starting point
- no real commitment
- no clear purpose
- Poor design construction
- Inadequately resourced
- No real strategic content
- Wrong measures or targets
- over designed /or over long
- Poor alignment
- To business needs
- Weak or inaccurate cascade
- Key parties not engaged
- Poor deployment
- too narrow or shallow
- haphazard
- no transition plan
Variation in business impacts of scorecard
frameworks trace to the quality of design
deployment of scorecard programmes
Source Balanced Scorecard Collaborative Survey
5The Desperate Dozen12 steps to getting it right
5.Strategy Maps
6The Desperate DozenThe Preparation Phase
Preparation
5.Strategy Maps
7The Desperate DozenThe Construction Phase
Construction
5.Strategy Maps
8The Desperate DozenThe Alignment Phase
1.Sponsorship
3.Project Infrastructure
2.Clear Requirements
4.Goals Strategies
5.Strategy Maps
6.Targets Measures
Alignment
7. Ownership Engagement
8.Cascade
9.Strategic Planning process
10.Performance Reporting
11.Reward Recognition
12.Internal Communications
9The Desperate DozenThe Deployment Phase
5.Strategy Maps
Deployment
10Building Your ScorecardKey Development Guidelines
- Get a clear view on scale scope at the outset.
You are putting in a management system not merely
a scoring mechanism - Establish linkages performance drivers not
independent measures. - Establish a Strategic Vision Scorecards as well
as a 1 year Operating Scorecard - Do not strangle yourself with too many measures.
- Do not Shoot yourself in the foot with too
few!! - Set meaningful targets. Put milestones in their
correct place! - If possible, establish priority weightings and
plan ranges. - Communicate to key players. Explain the purpose
how it works as well as content. Get their
buy-in. - Dont over-engineer the design at the start.
Better a simple route that you can get
operational quickly. - Continuously review and improve Scorecards
measures.
11IntravateEurope, Hong Kong Australia
- United Kingdom
- Intravate Business Centre
- Kirdford
- West Sussex
- United Kingdom RH14 0NJ
- 44 (0)1403 820994
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VIC 3104 61 414 988 885
www.intravate.com