The Balanced Scorecard is a management and measurement system that provides organizations a process through which their vision and strategy can be translated into action. Feedback is provided around both the internal business processes and external outcomes in order to continuously improve strategic performance and results.
When fully deployed, the Balanced Scorecard transforms strategic planning from an academic exercise into a fully functional operating plan.
One of the key benefits of Balanced Scorecard is the focus it provides to both management and the employee base. With Balanced Scorecard, strategy is owned by all employees of the corporation. Corporate KPIs are widely communicated and visually displayed so that the mindset of the employee base is focused on achievement of the strategy.
iSDM Consulting will work with you to successfully implement a Balanced Scorecard system to achieve your strategic organizational objectives.