This PPT slide, part of the 34-slide People Productivity Toolkit PowerPoint presentation, emphasizes the importance of cascading balanced scorecards throughout an organization. It begins with a clear definition of targets and metrics, which are essential for aligning the company's vision, strategy, and business plans. This alignment is crucial as it ensures that all levels of the organization are working towards common objectives.
The visual representation of a pyramid illustrates how these scorecards should be structured. At the top, the capital market or parent company sets the overarching goals. This is followed by the group level, which translates these goals into more specific objectives for strategic business units (SBUs). The pyramid continues to break down into regions, functions, products, and ultimately the operative level, where day-to-day activities are aligned with the broader corporate strategy.
The slide also highlights that balanced scorecards serve as a tool for managing value creation across all corporate levels. By cascading these scorecards, organizations can ensure that every employee understands how their role contributes to the company's success. This approach not only enhances accountability, but also fosters a culture of performance measurement and continuous improvement.
Overall, the slide serves as a guide for executives looking to implement a structured framework for performance management. It underscores the necessity of integrating strategic objectives with operational execution, ensuring that every layer of the organization is aligned and contributing to the overall mission.
This slide is part of the People Productivity Toolkit PowerPoint presentation.
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Human Resources Workplace Productivity Performance Management Corporate Strategy Balanced Scorecard Continuous Improvement Performance Measurement Value Creation Business Plans
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