Strategy Management Articles

What is a Balanced Scorecard? A Quick Overview
What is a Balanced Scorecard? A Quick Overview Voted one of the most influential business ideas ever presented in the Harvard Business Review the Balanced Scorecard enjoys global popularity. There are some management tools that seem to have enduring appeal and the Balanced Scorecard, or BSC for short, is one of those. Over the past 20 years it has seen adoption rates soar. At the same time I have to say that as a tool the BSC is still widely misunderstood and misused by managers.
The Balanced Scorecard - A Complete Introduction
The Balanced Scorecard - A Complete Introduction The Balanced Scorecard is a strategic performance management framework that has been designed to help an organisation monitor its performance and manage the execution of its strategy.
Automating the Balanced Scorecard - Selection Criteria to Idenfify Appropriate Software Applications
Automating the Balanced Scorecard - Selection Criteria to Idenfify Appropriate Software Applications Research suggests that about half of large US firms have already adopted the BSC and many more are considering implementation. An organization-wide implementation of a BSC requires IT support and numerous software vendors have taken he opportunity to build software solutions to support a BSC implementation. The problem executives face today is that there are over two-dozen application-providers to choose from, each of them claiming that their solution offers unique and important features. Selecting the wrong solution can undermine the entire BSC development effort and the credibility of the performance management system. This article addresses the issue of BSC software by (1) explaining why organizations might need software to support their implementation and (2) by developing a framework to assist organizations in this important decision making process.
How a Knowledge-based Approach might Illuminate the Notion of Human Capital and its Measurement
How a Knowledge-based Approach might Illuminate the Notion of Human Capital and its Measurement Human capital measurement and accounting has been under discussion for years without any satisfactory methodology emerging. The economic significance of today’s knowledge-intensive organizations makes better HC measurement more pressing. We draw on insights from the knowledge-based theory of the firm and conclude we can only make sense of its human capital by looking in detail at its practices. Human capital is the value added at the level of the work practice—as traced by activity-base accounting. Overall the firm’s human capital totals into its goodwill. The human capital can be estimated and then managed by allocating the goodwill to the activities taking place, a complex distribution process but one precisely complementary to that of activity-base accounting.
The Balanced Scorecard and Intangible assets: Similar Ideas, Unaligned Concepts
The Balanced Scorecard and Intangible assets: Similar Ideas, Unaligned Concepts This article discusses how well the concept of intangible assest is aligned with the balanced scorecard. Kaplan and Norton argue that the intangibles belong in the 'learning and growth' perspective of the balanced scorecard and classify them into human capital, information capital, and organizational capital. This article outlines how this attempt to categorise intangibles produced an inconcistent, incomplete, and potentially very confusing classification of intantible assets.
Balanced Scorecard: The Four Perspectives
Balanced Scorecard: The Four Perspectives A look at the four perspectives used to view an organisation in the original balanced scorecard model.
Key Performance Indicators: The 75+ Measures Every Manager Needs to Know
Bernard Marr
Performance indicators are essential tools which will tell you if your business is on target or veering off course. Using the right indicators will help you deliver the right results. Key Performance Indicators cuts straight to the 75 + KPIs that ...
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