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DESCRIPTION
Discover the power of clear strategy and better teamwork with the Performance Scorecard Framework, collaboratively created by strategy consultants from BCG and EY. This tool helps senior leaders see past too many different departmental Key Performance Indicators (KPIs), by offering a single dashboard for tracking performance and making sure strategies are carried out well.
Key Benefits:
– Simple Strategy Layout: Have your organization's strategy laid out in a clear template, making it easy to compare performance across departments and see trends over time.
– Better Teamwork: Promote working together by showing where different departments rely on each other, and spotlighting areas where coordinated efforts are needed to reach important goals.
– Overall Performance View: Move from a scattered to a clear view of performance, helping to analyze and carry out strategies better.
Here's What You'll Learn:
– Creating a Vision: Learn what makes a successful organization vision and how to create one.
– Setting Mission, Objectives, and Programs/ Initiatives: Understand how to turn the broad vision into practical actions at the ground level.
– Strategy Mapping:
• Get to know the Balanced Scorecard (BSC), a popular tool for managing strategy.
• Explore the Four BSC Perspectives: Financial, Customer, Internal Business Process, and Learning & Development.
• Use strategy maps to understand how different actions can lead to financial returns.
• Discover how to share scorecards to get everyone in the organization focused on key goals.
– Tracking Performance: Use the Performance Scorecard to see how well the organization and individual departments are doing on each key metric.
– Feedback and Review: Keep track of performance over time, spot important changes and make needed adjustments to keep strategy execution on track.
Hands-On Excel Workbook:
• A professionally formatted template ready for immediate use.
• Input the needed data and the template will automatically create a consolidated organizational score, along with scores for each department.
• See performance trends over time with simple graphics.
• Use the built-in traffic light system for a quick visual check on performance against targets.
• Clearly see which departments are responsible for what, and where teamwork is needed.
Additional Features:
• Now includes Facilitator Notes and Participant Exercises for a more interactive learning experience.
• Make sure to have Microsoft Excel 2010 or above, and enable macros before using the document.
This Performance Scorecard Framework, designed by seasoned consultants from BCG and EY, is here to guide your organization from having a vision to making it a reality through better strategy execution and teamwork.
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in KPI, Performance Management, Balanced Scorecard, Strategy Deployment & Execution PowerPoint Slides: Supercharge Strategy Execution: Performance Scorecard PowerPoint (PPTX) Presentation, Trinity Consulting
OVERVIEW
ABOUT THE AUTHOR
At Trinity Consulting, we are a team of dedicated professionals who have shaped our skills at world-renowned consulting firms like BCG and EY. Our project experiences span across blue-chip multinationals such as JP Morgan, AbbVie, and FedEx, amassing real-world knowledge and actionable insights across different industries. [read more]
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