Long-range planning dealing with facility planning, capital investment, location planning, etc. medium-range planning deals with demand forecast and capacity planning and lastly short term planning… Read More »Long-Range Planning: Why strategic management and the balanced scorecard?
Providing a data quality scorecard provides transparency to the data governance process by summarizing the usability of the data as defined by the business users,… Read More »business value dashboard: Why implement a balanced scorecard?
An objectively defined measurement component adds clarity to expectations and helps lessen the chances of any misunderstanding, when considered in isolation, the measurement of prices… Read More »Process Metrics and Measurement: Is the measurement objectively measurable?
People at every level of your organization are involved in setting the priorities and laying out the plan for success. Strategic Development Hoshin Kanri promotes… Read More »Hoshin Kanri: What will you often see in a red-yellow-green scorecard system that follows a the balanced scorecard approach?
When it comes to performance measurement systems, staff buy-in, support, and participation are key, balanced scorecard basically refers to as a strategic performance tool or… Read More »Strategic Objectives: Should compensation systems be linked to balanced scorecard measures?
Compensation may be adjusted according the the business needs, goals, and available resources, performance, so that decisions, resources and activities can be better aligned with… Read More »Strategy: Can the data be used to improve performance in areas other than the one(s) assessed?
Pdca is a generic method for continuous improvement, which is what hoshin planning aims to be, it promotes adaptive planning, evolutionary development, early delivery, continuous… Read More »Hoshin Kanri: What will you often see in a red-yellow-green scorecard system that follows a the balanced scorecard approach?
Almost every organization, group or organization performs long-range planning at one time. or another, in strategic feedback and learning, the management gets up-to-date reviews regarding… Read More »Long-Range Planning: Why strategic management and the balanced scorecard?
Similar to issues-based planning, many people might assert that the alignment model is really internal development planning, rather than strategic planning, resources need to be… Read More »Long-Range Planning: Why strategic management and the balanced scorecard?
Engaged employees are happier and therefore typically provide better service to colleagues and customers, also being positive and proactive, getting your employee to have the… Read More »Employee Value Proposition: How do you plan to retain loyal employees?