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A1257278574EVWYR

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Strategy Maps. Identifying drivers of desired performance ... 726 High Street. East Kew. Victoria 3102. Postal. PO Box 328. Balwyn North VIC 3104 61 414 988 885 ... – PowerPoint PPT presentation

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Title: A1257278574EVWYR


1
Intravate Balanced Scorecards Briefings Part
5 Successful Balanced Scorecard Programme
Development
2
Achievement 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

3
Variation 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
4
Why 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
5
The Desperate Dozen12 steps to getting it right
5.Strategy Maps
6
The Desperate DozenThe Preparation Phase
Preparation
5.Strategy Maps
7
The Desperate DozenThe Construction Phase
Construction
5.Strategy Maps
8
The 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
9
The Desperate DozenThe Deployment Phase
5.Strategy Maps
Deployment
10
Building 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.

11
IntravateEurope, Hong Kong Australia
  • United Kingdom
  • Intravate Business Centre
  • Kirdford
  • West Sussex
  • United Kingdom RH14 0NJ
  • 44 (0)1403 820994
  • 44 (0)1403 820911
  • Hong Kong
  • Suite 21D
  • Block One
  • 10 Robinson Road
  • Mid-levels
  • Hong Kong
  • 852 9529 1184

Australia Ground Floor 726 High Street East
Kew Victoria 3102 Postal PO Box 328 Balwyn North
VIC 3104 61 414 988 885
www.intravate.com
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