This PPT slide, part of the 70-slide Organizational Design Framework PowerPoint presentation, outlines the Balanced Scorecard (BSC) as a strategic management system, specifically focusing on the organizational design process related to vision and goal setting. It presents a structured five-step approach that begins with articulating the organization's vision and strategy. This initial step emphasizes the importance of clarity in vision, as it serves as the foundation for translating strategy into actionable objectives.
Following this, the second step involves developing strategic objectives that capture the essential components of the strategy across four key perspectives: financial measures, customer relationships, internal business processes, and learning and growth. This ensures a comprehensive approach to strategy formulation.
The third step is the selection of measures and targets. Here, measurable indicators are defined for each strategic objective, allowing organizations to track performance effectively. Setting targets is crucial as it reflects the desired performance level in the future.
The fourth step focuses on aligning initiatives with the defined objectives and measures. This alignment ensures that strategic initiatives and projects are coordinated, promoting a unified direction toward achieving the organization’s goals.
Finally, the fifth step involves integrating the BSC into management processes. This integration is vital for embedding the BSC into the organization's daily operations, making it a dynamic tool rather than a static document. The slide concludes by highlighting the benefits of a well-implemented BSC, which includes effective communication of strategy, alignment of departmental goals, and prevention of siloed behavior. This structured approach can be instrumental for organizations looking to enhance strategic execution.
This slide is part of the Organizational Design Framework PowerPoint presentation.
This framework is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. It provides a robust, modern approach to Organizational Design used by global consulting firms.
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