Mining Balanced Scorecard. From strategy to execution. (PDF)

BENEFITS OF DOCUMENT

1. A powerful document to understand strategic management thinking as well as operational excellence tools and lean mining.
2. The document is a step by step approach of analyzing the industry, defining an adhoc strategy and provides a powerful tool to execute, implement and monitor the strategy.
3. A powerful document for both executives and top managers, linking strategy to operational level.

DESCRIPTION

This product (Mining Balanced Scorecard. From strategy to execution.) is a 86-page PDF document, which you can download immediately upon purchase.

The document is a powerful tool that helps the global miner develop an integrated enterprise performance management strategy with the potential to boost the client's financial performance substantially by improving decision-making.

The Mining Strategic Performance Management process consists of the following elements:
•  Environmental scanning
•  Strategy formulation
•  Strategy implementation
•  Evaluation and control.

Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environments to key people within the mining company.

Its purpose is to identify CSF (Critical Success Factors) that help managers design various types of performance metrics, for instance KPIs (Key Performance Indicators), KEIs (Key Environment Indicators)&, KRIs (Key Risk Indicators). The simplest way to conduct environment scanning is through SWOT analysis, that incorporate boths competitive advantage SC (Strategic Capabilities: Strenghts & Weaknesses) and KSF (Key Success Factors: Opportunities & Threats).

Rather than evaluate a mining company using few financial measures, this document provides a Mining Balanced Scorecard that includes tangible measures, as well as intangible assets, such as learning & growth, risk management environment management, and internal mining process management. These perspectives are summarized in a Mining OpEx (Operational Excellence) through a lean mining approach.

This strategy has the potential to move the client forward in its journey to achieve high performance.

Source: Best Practices in Mining Industry PDF: Mining Balanced Scorecard. From strategy to execution. PDF (PDF) Document, Youssef AIT AKKI - The Horizon Strategy.