Kim Warren on Strategy

Strategy insights and living business models

Go to school on balanced scorecard.

I see you can go to Harvard Business School and learn about ‘Driving Corporate Performance – Aligning Scorecards, Systems, and Strategy’ [July 13 – 18, 2008]. I come across balanced scorecards in most organizations these days, and of course it’s a good idea to look at the stuff inside the business that actually drives results, rather than just those results themselves. Unfortunately, unless guided by real experts [and sometimes even then], scorecards often feature the same problems that afflict strategy generally – abstract and ambiguous terminology, no rigorous causal relationships between the factors on the scorecard, either amongst themselves or with the performance indicators, and some total blind-spots, like nothing at all about competitors or the market. The BSC is a great idea, but these problems need fixing, and the existing explanations about BSC don’t do the job.

Strategy Dynamics Essentials

Strategy Dynamics Essentials book cover

Strategic Management Dynamics

Strategic Management Dynamics - cover image