Strategy Management

Developing Objectives for the Internal Business Process Perspective

Strategy Management

Developing Objectives for the Internal Business Process Perspective

My previous two posts focused on developing objectives for the financial and customer perspectives. Once an organization has a lucid depiction of these financial and customer objectives, the next step is developing objectives for the internal processes and learning and growth perspectives. In this post, I will dwell on the objectives in the internal perspective. read more

Developing Objectives for the Strategy Map Customer Perspective

Strategy Management

Developing Objectives for the Strategy Map Customer Perspective

Not all prospective customers will support your revenue and profitable growth or find your offerings worthwhile. Because of this, many organizations face the challenge of determining which factions represent the best market for their particular products and services and focusing their strategy map objectives on that group of customers. Although many organizations profess to serve read more

Developing Objectives for the Strategy Map Financial Perspective

Strategy Management

Developing Objectives for the Strategy Map Financial Perspective

In my previous blog post, I touched on why your organization needs a strategy map. I discussed what a strategy map is and how it helps organizations translate their strategy. The strategy map provides the visual framework for integrating the organization’s objectives in the four perspectives of a BSC. It shows the cause-and-effect relationships that read more

Why You Need a Strategy Map

Rated as one of the most popular management tools, the balanced scorecard has
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7 Steps to Scenario-Based EPM

BusinessFinance published an Axiom EPM sponsored paper on scenario modelling and driver based
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Cascading the Balanced Scorecard to Build Alignment

Initially developed as a performance measurement system, the Balanced Scorecard has now become
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Achieving Product and Service Strategic Fit
Achieving Product and Service Strategic Fit

The most visible aspects of a company to its customers, employees and the
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Aligning Strategy, Business Intelligence and Analytics
Aligning Strategy, Business Intelligence and Analytics

Today, business intelligence and analytics tools are playing a critical role in transforming
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Strategic Thinkers Always Ask Different Questions
Strategic Thinkers Always Ask Different Questions

Leaders desiring to change the course and shape the future of their organizations
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