Establishing a Strategic Foundation for Balanced Scorecard PPT
This PPT slide, part of the 95-slide Balanced Scorecard Deployment Process PowerPoint presentation, outlines the "Preparation Phase" of the Balanced Scorecard framework, specifically focusing on establishing a "Strategic Foundation." This phase is critical for aligning the organization’s vision with its strategic objectives and operational tactics.
It begins with a clear delineation of inputs necessary for this phase. Key inputs include the organization’s vision, strategic focus areas, existing key performance indicators (KPIs), customer expectations, supplier capabilities, and a SWOT analysis. These elements are essential for understanding the current state of the organization and identifying areas for improvement. The mention of high-level process flows indicates a need for a structured approach to operational processes, which is vital for effective strategy execution.
The slide also details 3 main steps in this phase: Strategic Alignment, defining Strategic Focus Areas and Objectives, and developing Strategic Grids and Models. Each step serves a specific purpose in ensuring that the organization's strategy is not only well-defined, but also actionable. The activities associated with these steps include building strategic grids, defining initiatives and tactics, preparing communication materials, and organizing workshops for alignment. These activities are designed to foster collaboration and ensure that all stakeholders are on the same page regarding strategic goals.
Finally, the outputs of this phase are highlighted, which include the Strategic Grids and Model, the organization’s strategic initiatives and tactics, and a strategy communication plan. These outputs are essential for translating strategic intent into operational reality, ensuring that the organization can effectively communicate its strategy and monitor progress towards its objectives.
This slide is part of the Balanced Scorecard Deployment Process PowerPoint presentation.
Developed by a Senior Executive and Operational Excellence Coach with experience at organizations including NOKIA, MICROVENTION, and MAGELLAN, this is a presentation and supporting templates about how to implement Balanced Scorecards.
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Balanced Scorecard SWOT Analysis Strategy Execution Key Performance Indicators KPI Purpose Workshops
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