Despite the significant interest in the use of Balanced Scorecard as a performance measurement and management tool by executives of organisations, the understanding of how it can be efficiently built and used to improve organisational performance remain limited.
Feedbacks from several of these executives suggest that most textbooks, workshops and trainings are “steps driven” with “complex frameworks” to work through, resulting in the abandonment of up to two-thirds of Balanced Scorecard Projects while some of the other one-third of scorecard initiatives fail to reach their potential.
This easy-to-read-and-use manual, “Building a Balanced Scorecard to improve organisational performance” the tool kit for executives, was therefore specifically written to help resolve the envisaged complexity with the goal of ensuring users and their organisations get value for investments in the Balanced Scorecard.
To ensure ease of understanding, the manual uses a simple case-study to explain how to build the balanced scorecard. Some of the topics covered includes: What is Balanced Scorecard? Why you might want one; Strategy map; How to construct the Strategy map; How to use the Map to build the Scorecard and check for balance; deciding how to measure; understanding performance indicators, setting targets, comparators and other useful topics.
Once you've studied this manual, users will understand the practicalities of building an efficient and effective BALANCED SCORECARD which when implemented will position their organisation for strategic performance improvement. They will also develop the required skills to be in a better position to judge which parts of their organisation’s current approach does the job and which parts would benefit from improvement.
The manual is strongly recommended for business owners, executives, managers and professionals in both public and private sectors seeking to improve the performances of their organisations, using the Balanced Scorecard. Graduates and Students will also benefit from the information provided in the manual.
Mik Wisniewski and Femi Olekanma authors of this manual, are hands-on professionals, in addition to having worked for several years in various performance management and consultancy environments. They have roots at the Management Science Department of the University of Strathclyde Business School Glasgow United Kingdom.
Feedbacks from several of these executives suggest that most textbooks, workshops and trainings are “steps driven” with “complex frameworks” to work through, resulting in the abandonment of up to two-thirds of Balanced Scorecard Projects while some of the other one-third of scorecard initiatives fail to reach their potential.
This easy-to-read-and-use manual, “Building a Balanced Scorecard to improve organisational performance” the tool kit for executives, was therefore specifically written to help resolve the envisaged complexity with the goal of ensuring users and their organisations get value for investments in the Balanced Scorecard.
To ensure ease of understanding, the manual uses a simple case-study to explain how to build the balanced scorecard. Some of the topics covered includes: What is Balanced Scorecard? Why you might want one; Strategy map; How to construct the Strategy map; How to use the Map to build the Scorecard and check for balance; deciding how to measure; understanding performance indicators, setting targets, comparators and other useful topics.
Once you've studied this manual, users will understand the practicalities of building an efficient and effective BALANCED SCORECARD which when implemented will position their organisation for strategic performance improvement. They will also develop the required skills to be in a better position to judge which parts of their organisation’s current approach does the job and which parts would benefit from improvement.
The manual is strongly recommended for business owners, executives, managers and professionals in both public and private sectors seeking to improve the performances of their organisations, using the Balanced Scorecard. Graduates and Students will also benefit from the information provided in the manual.
Mik Wisniewski and Femi Olekanma authors of this manual, are hands-on professionals, in addition to having worked for several years in various performance management and consultancy environments. They have roots at the Management Science Department of the University of Strathclyde Business School Glasgow United Kingdom.
