BALANCED SCORECARD STEP-BY-STEP for GOVERNMENT and NONPROFIT AGENCIES Second Edition
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
A Balanced Scorecard for Measuring the Value Added by Innovation
INNOVATION SCORECARD: A BALANCED SCORECARD FOR MEASURING THE VALUE ADDED BY INNOVATION Nelson Gama Instituto Superior Técnico, [email protected] Miguel Mira da Silva Instituto Superior Técnico, [email protected] José Ataíde Grupo Portucel Soporcel, [email protected] In the last few years, organizations were forced to innovate just to stay competitive. However, the value added by that innovation is rarely measured. At the same time, the Balanced Scorecard (BSC) became popular as a tool to measure business performance. Unfortunately, the traditional BSC is not appropriate to measure the value added by innovation. In this paper we propose an Innovation Scorecard based on innovation metrics and the traditional BSC in order to measure the value added by innovation and also guarantee the alignment with the organization strategic objectives. We are currently developing a pilot for a large industrial company that demonstrates how the proposal can be applied in practice. 1. INTRODUCTION Organizations currently operate in markets characterized by globalization, geopolitical instability, strong competition, ever smaller market segments, emergent technologies, substitute products, shorter product life cycles, and the bargain of consumer’s power. On the other hand, shareholders put an increasing pressure in reducing costs and optimizing the investments. There are two well-known approaches to increase profits and create a sustainable competitive advantage: a short-term one via operational cost reduction and a longer- term one by differentiation being innovative. Usually, especially in periods of economic recession, organizations follow the cost reduction approach even though the results typically disappear after two or three years (Kubinski, 2002). -
CGMA TOOL – How to Develop a Strategy Map the Strategy Pyramid
CGMA TOOL How to Develop a Strategy Map coNteNts Two of the world’s most prestigious accounting bodies, the AICPA and CIMA, have formed a joint venture to establish the Chartered Global Management Accountant (CGMA) designation to elevate the profession of management accounting. The designation recognises the most talented and committed management accountants with the discipline and skill to drive strong business performance. Introduction 2 The Strategy Pyramid 3 Step 1: Specify an Overriding Objective 5 Step 2: Choose the Value Proposition 6 Step 3: Choose the Financial Strategies 7 Step 4: Choosing the Customer Strategies 8 Step 5: Execute Through the Internal Perspective Strategies 9 Step 6: Plan the Learning and Growth Strategies 10 Validating and Cascading the Strategy Map 11 Conclusion 12 1 INTRodUctioN The vast majority of organisations have well-defined procedures for developing strategic plans. And for the most part, the result of their planning exercises are good, solid, strategies designed to move the entity forward and provide sustainable, even superior, returns. But there is often a major disconnect between the formulation and execution phases of strategy. The ability to cascade an organisation’s vision, mission and core strategies into actionable behaviours that achieve critical objectives continues to be a challenge for most organisations. As the saying goes, “a picture is worth a thousand words.” Strategy maps, pioneered by Balanced Scorecard founders Robert Kaplan and David Norton, allow organisations to describe and communicate their strategies concisely and succinctly and close the gap between formulation and successful implementation of strategy. Strategy maps describe how organisations create value by building on strategic themes such as “growth” or “productivity.” These themes determine what specific strategies organisations will adopt at their customer, process, and learning and growth levels. -
Cascading the BSC Using the Nine Steps to Success™
Cascading the BSC Using the Nine Steps to Success™ ™FrameworkCompanies The Balanced Scorecard Institute uses a proven, disciplined framework, Nine Steps to Success™, to systematically develop, implement, and sustain a strategic balanced (see Figure 1-1 below). Our consultants will work with staff and managers at each stage to ensure successful completion of each step and transfer of learning. Figure 1-1: Balanced Scorecard Institute Nine Steps to Success™ Framework Steps 1-6 result in an enterprise-level scorecard which aligns the organization around strategy, and shows how each employee’s work contributes to the shared vision of the future. Alignment (Step 8) means cascading enterprise-level strategy down into business and support unit scorecards, meaning the organizational level scorecard (the first Tier) is translated into business unit or support unit scorecards (the second Tier) and then later to team and individual scorecards (the third Tier). Cascading translates high-level strategy into lower-level objectives, measures, and operational details. Cascading is the key to organization alignment around strategy. Team and individual scorecards link day-to-day work with department goals and corporate vision. Cascading is the key to organization alignment around strategy. Performance measures are developed for all objectives at all organization levels. As the scorecard management system is cascaded down through the organization, objectives become more operational and tactical, as do the performance measures. Accountability follows the objectives and measures, as ownership is defined at each level. An emphasis on results and the strategies needed to produce results is communicated throughout the organization. 2000 Regency Parkway, Suite 425 . Cary, North Carolina 27518 USA . -
Strategic Planning Using Balanced Scorecard an Experience by Al Al
International Journal of Academic Research in Accounting, Finance and Management Sciences Vol. 9, No.4, October 2019, pp. 144–159 E-ISSN: 2225-8329, P-ISSN: 2308-0337 © 2019 HRMARS www.hrmars.com To cite this article: Khaled, M. H. B., Al-Oun, S. S. (2019). Strategic Planning Using Balanced Scorecard an Experience by Al Al-Bayt University, Jordan, International Journal of Academic Research in Accounting, Finance and Management Sciences 9 (4): 144 -159 http://dx.doi.org/10.6007/IJARAFMS/v9-i4/6763 (DOI: 10.6007/IJARAFMS/v9-i4/6763) Strategic Planning Using Balanced Scorecard an Experience by Al Al-Bayt University, Jordan Marie H. Bani Khaled1, Salem S. Al-Oun2 1,2Business Management Department, Faculty of Finance and Business Administration, Al Al-Bayt University, 1E-mail: [email protected], 2E-mail: [email protected] Abstract The aim of this study is to identify the reality of Balanced Scorecard (BSC) at Al Al-Bayt University. BSC of university performance deals with its major aspects such as goals, indicators, and initiatives necessary to achieve the objectives in quantitative measures. Findings of the study showed that there is a moderate realization by academic and administrative units at the university of the need to adopt BSC in strategic planning. Quality Assurance and Planning is the most administrative unit that applied BSC. These units aware of the capacity of BSC to maximize financial return and moral support as a result of the provision of educational services. The study recommended the need to adopt a BSC by all administrative units, especially those which are newly established, as well as, the assessment of deviation from the targeted standards. -
Focusing Your Organization on Strategy—With the Balanced Score- Card, 2Nd Edition Putting the Balanced Scorecard to Work
C O L L E C T I O N www.hbr.org Focusing Your Organization Your strategy’s on Strategy—with the brilliant—but can you execute it? Balanced Scorecard, 2nd Edition Included with this collection: 2 Putting the Balanced Scorecard to Work by Robert S. Kaplan and David P. Norton 19 Measuring the Strategic Readiness of Intangible Assets by Robert S. Kaplan and David P. Norton 35 Using the Balanced Scorecard as a Strategic Management System by Robert S. Kaplan and David P. Norton 49 Having Trouble with Your Strategy? Then Map It by Robert S. Kaplan and David P. Norton Product 5933 Collection Overview The Articles The Balanced Scorecard has transformed 3 Article Summary companies around the globe. This revolu- tionary performance management sys- 4 Putting the Balanced Scorecard to Work by Robert S. Kaplan and David P. Norton tem has been helping top executives set Your Balanced Scorecard provides a top-down description of your company’s strategy and corporate strategy and objectives—and your assumptions about the corporate objectives and measures needed to implement that translate them into a coherent set of mea- strategy. sures—since 1992. To begin building your scorecard, ask: “If we successfully implement our strategy, how will What makes the Balanced Scorecard so we look different to our shareholders and customers? How will our internal processes powerful? It transforms strategy into a change? What will happen to our ability to innovate and grow? What are each scorecard perspective’s critical success factors? What metrics will tell us whether we’re addressing continuous process owned by every em- those factors as planned?” ployee, not just top managers. -
Classic Obs' #5
PEARL JAM . GIGATON Nouvel album disponible le 27 mars Disponible en version CD et double-vinyle Plus d’infos sur pearljam.com edito CLASSIC OBS’ N°5 - MARS / AVRIL 2020 BIMESTRIEL METAL Black is beautiful Directeur de la publication Si choc ? So chic ! Ambassadeur de l’art abject du black metal sous la bannière Behemoth, le chanteur Charles Provost / guitariste Nergal redevient Adam Darski et préfère, au sein de Me And That Man, son riff charmeur Éditorialiste plutôt que destructeur. Ce side-project enraciné dans le jardin culturel américain se joue du blues, du Jean-Christophe Baugé folk, qui ont tous deux survécu aux séismes musicaux susceptibles de les ringardiser. Songs Of Love And Death (2017), périlleux exercice d’équilibriste entre fidélité au concept et emprunt à l’air du temps, est le Conception graphique premier volet d’une franchise contrainte à la réinvention. Comme il n’y a pas de petite entreprise, mais Sponge (www.burnyourdesign.com) que de grandes aventures, un second et nouvel album, New Man, New Songs, Same Shit Vol. 1, attendu le 28 mars chez Napalm Records, tente d’habiller de nouveauté certains archétypes musicaux grâce à Rédaction un réseau d’obligés. Au premier rang duquel Mat McNerney, chanteur de Grave Pleasures, qui, avec la François Alaouret, chanson à boire black « Burning Churches » garantit sa première réaction épidermique à l’association Jean-Christophe Baugé, « Provocs Hellfest ça suffit » en amont du concert du groupe à Clisson le 20 juin. N’en déplaise aux Laurent Bendahan, Elody Di Cocco, misandres professionnelles -
Application of the Balanced Scorecard in Higher Education Opportunities and Challenges
Application of the Balanced Scorecard in Higher Education Opportunities and Challenges An evaluation of balance scorecard implementation at the College of St. Scholastica. by Cindy Brown Introduction In the 1990s a new way of evaluating performance improvement in the business industry was introduced. The balanced scorecard (BSC) emerged as a conceptual framework for organizations to use in translating their strategic objectives into a set of performance indicators. Rather than focusing on operational performance and the use of quantitative financial measures, the BSC approach links the organization’s strategy to measurable goals and objectives in four perspectives: financial, customer, internal process, and learning and growth (Niven 2003). The purpose of this article is to evaluate the use of the Cindy Brown, DNP, MPH, RD, RN is an BSC in the nonprofit sector, specifically at an institution of assistant professor in the School of Nursing higher education. Case studies in higher education and at the College of St. Scholastica in Duluth, personal perspectives are presented, and the opportunities Minnesota. Her professional expertise is in for and challenges of implementing the BSC framework in public health, nutrition, and chemical higher education are discussed. dependency. She also provides nursing services at a housing facility for residents Balanced Scorecard Principles with chronic alcoholism. She has an interest in performance improvement evaluation in higher education; this article is a culmination Achievement of equilibrium is at the core of the BSC of her review and application conducted as system. Balance must be attained among factors in three part of her graduate course work for her areas of performance measurement: financial and nonfinancial doctorate of nursing practice degree. -
Pestle and Swot Analysis Example
Pestle And Swot Analysis Example Ernest expands underarm? If vitreous or arthropodal Lawton usually impressed his mise theologized dishonourably or tousings possessively and larcenously, how carved is Neddy? Gamopetalous and rostral Odysseus parqueted some Pemba so restlessly! Strengths and weaknesses similar request a SWOT analysis but know more detail. You can curl in more good about SWOT and PESTLE analysis in my. What you need those that may vary depending on developments in policy or industry example. But an example, examples of all trends within society toward women within which are able to. The US is true example endorse a socially aware environment in wall the citizens. The pestel template in eastern europe with your next week! Why is Pestle analysis used? PEST and SWOT analysis Tools that presume the personnel of the market and the surrounding environment in depth tell a strategic. Use swot stands for avenues for a useful to boost to this is run a result of grab taxi sharing and swot and. Steeple Analysis L'Osteria in Aboca Ristorante. To its costs for regret in the Northstar pipes in early 2007 BP finds corrosion para. Feb 20 201 Explore Michelle Deighton's board Pestle and SWOT on Pinterest See more ideas about. SWOT Analysis Vs PEST Analysis and bounds to expose Them. PEST Analysis Variants PEST Analysis Example PEST vs SWOT Analysis. Although swot or phone, your way you should frame a vacuum. Get there are examples below shows a smart messages, technological advances protect companies operating environment in particular value to provide direction? PESTLE Analysis Factsheets CIPD. -
Personal Music Collection
Christopher Lee :: Personal Music Collection electricshockmusic.com :: Saturday, 25 September 2021 < Back Forward > Christopher Lee's Personal Music Collection | # | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | | DVD Audio | DVD Video | COMPACT DISCS Artist Title Year Label Notes # Digitally 10CC 10cc 1973, 2007 ZT's/Cherry Red Remastered UK import 4-CD Boxed Set 10CC Before During After: The Story Of 10cc 2017 UMC Netherlands import 10CC I'm Not In Love: The Essential 10cc 2016 Spectrum UK import Digitally 10CC The Original Soundtrack 1975, 1997 Mercury Remastered UK import Digitally Remastered 10CC The Very Best Of 10cc 1997 Mercury Australian import 80's Symphonic 2018 Rhino THE 1975 A Brief Inquiry Into Online Relationships 2018 Dirty Hit/Polydor UK import I Like It When You Sleep, For You Are So Beautiful THE 1975 2016 Dirty Hit/Interscope Yet So Unaware Of It THE 1975 Notes On A Conditional Form 2020 Dirty Hit/Interscope THE 1975 The 1975 2013 Dirty Hit/Polydor UK import {Return to Top} A A-HA 25 2010 Warner Bros./Rhino UK import A-HA Analogue 2005 Polydor Thailand import Deluxe Fanbox Edition A-HA Cast In Steel 2015 We Love Music/Polydor Boxed Set German import A-HA East Of The Sun West Of The Moon 1990 Warner Bros. German import Digitally Remastered A-HA East Of The Sun West Of The Moon 1990, 2015 Warner Bros./Rhino 2-CD/1-DVD Edition UK import 2-CD/1-DVD Ending On A High Note: The Final Concert Live At A-HA 2011 Universal Music Deluxe Edition Oslo Spektrum German import A-HA Foot Of The Mountain 2009 Universal Music German import A-HA Hunting High And Low 1985 Reprise Digitally Remastered A-HA Hunting High And Low 1985, 2010 Warner Bros./Rhino 2-CD Edition UK import Digitally Remastered Hunting High And Low: 30th Anniversary Deluxe A-HA 1985, 2015 Warner Bros./Rhino 4-CD/1-DVD Edition Boxed Set German import A-HA Lifelines 2002 WEA German import Digitally Remastered A-HA Lifelines 2002, 2019 Warner Bros./Rhino 2-CD Edition UK import A-HA Memorial Beach 1993 Warner Bros. -
It's Getting Ugly out There
It’s Getting Ugly Out There The Frauds, Bunglers, Liars, and Losers Who Are Hurting America JACK CAFFERTY John Wiley & Sons, Inc. It’s Getting Ugly Out There It’s Getting Ugly Out There The Frauds, Bunglers, Liars, and Losers Who Are Hurting America JACK CAFFERTY John Wiley & Sons, Inc. Copyright © 2007 by Jack Cafferty. All rights reserved Published by John Wiley & Sons, Inc., Hoboken, New Jersey Published simultaneously in Canada Design and composition by Navta Associates, Inc. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copy- right Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions. Limit of Liability/Disclaimer of Warranty: While the publisher and the author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically dis- claim any implied warranties of merchantability or fitness for a particular purpose. -
“Flipping the Scripts” of Poverty and Panhandling: Crafting Work, Doing
"FLIPPING THE SCRIPTS" OF POVERTY AND PANHANDLING: CRAFTING WORK, DOING DEMOCRACY, AND CREATING CONNECTIONS THROUGH STREETWISE A dissertation presented to the faculty of the College of Communication of Ohio University In partial fulfillment of the requirements for the degree Doctor of Philosophy David R. Novak August 2006 This dissertation entitled "FLIPPING THE SCRIPTS" OF POVERTY AND PANHANDLING: CRAFTING WORK, DOING DEMOCRACY, AND CREATING CONNECTIONS THROUGH STREETWISE by DAVID R. NOVAK has been approved for the School of Communication Studies and the College of Communication by Lynn M. Harter Associate Professor, School of Communication Studies Gregory J. Shepherd Dean, College of Communication NOVAK, DAVID R., Ph.D., August 2006. Communication Studies "FLIPPING THE SCRIPTS" OF POVERTY AND PANHANDLING: CRAFTING WORK, DOING DEMOCRACY, AND CREATING CONNECTIONS THROUGH STREETWISE (376 pp.) Director of Dissertation: Lynn M. Harter Homelessness is a complex social issue about which there has been no shortage of scholarly discussion. I enter this discussion through a case study of StreetWise, an organization in Chicago, Illinois. StreetWise produces a newspaper that is sold by people without homes or those at risk for homelessness. In bearing witness to the lived experiences of individuals traditionally excluded from public discourses, I provide an interpretation of how human action occurs in recurrent institutional patters of symbolizing that are developed and reinforced by the conditions of living. I work to understand how those discourses are shaped by extra-symbolic forces. Using the theoretical frameworks of American Pragmatism(s) and feminism(s), I utilized four methodologies to collect discourse related to StreetWise, poverty, and homelessness: participatory photography, in-depth interviews, participant observation, and document analysis. -
A Sonoridade Das Bandas De Glam Metal Dos Anos 80 Com Foco Na Guitarra Elétrica Distorcida
VITOR ARAUJO MELLADO “CUM ON FEEL THE NOIZE”: A sonoridade das bandas de glam metal dos anos 80 com foco na guitarra elétrica distorcida São Paulo 2017 VITOR ARAUJO MELLADO “CUM ON FEEL THE NOIZE”: A sonoridade das bandas de glam metal dos anos 80 com foco na guitarra elétrica distorcida Trabalho de Conclusão de Curso apresentado como parte dos requisitos para obtenção do título de Bacharel em música com habilitação em composição do Instituto de Artes da Universidade Estadual Paulista “Júlio de Mesquita Filho”, Campus de São Paulo Orientador: Maurício Funcia de Bonis São Paulo 2017 VITOR ARAUJO MELLADO “CUM ON FEEL THE NOIZE”: A sonoridade das bandas de glam metal dos anos 80 com foco na guitarra elétrica distorcida Trabalho de Conclusão de Curso aprovado como parte dos requisitos para obtenção do título de Bacharel em música com habilitação em composição do Instituto de Artes da Universidade Estadual Paulista “Júlio de Mesquita Filho”, Campus de São Paulo ________________________________________ Prof. Dr. Maurício Funcia De Bonis Instituto de Artes – Unesp - Orientador ________________________________________ Prof. Dr. Marcos José Cruz Mesquita Instituto de Artes – Unesp São Paulo,____de___________de 2017 Agradecimentos Agradeço minha família por me apoiar e incentivar. Bem como Maurício De Bonis por sua orientação. RESUMO O presente trabalho discorre acerca do surgimento do glam metal, destacando quais características foram inovadoras neste subgênero se comparado ao heavy metal contemporâneo e anterior a ele, mas também apontado suas influências, como o glam rock e o hard rock. Também contemplaremos o seu impacto na sociedade, americana a princípio, espalhando-se rapidamente pelo mundo, e a sonoridade empregada pelas principais bandas de glam metal de Los Angeles, Estados Unidos da América dos anos 80 nas linhas de guitarra elétrica de suas músicas, o que nos levará a observar a própria evolução da distorção da guitarra elétrica ao longo do tempo até aquele momento.