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PS: Our Balanced Scorecard Saved The U.S. Army $26 Million
I was working with an Army command at Ft. Sam Houston this week and had invited a special guest - Scott Hencshel - to address the group regarding the organizational challenges of implementing a balanced scorecard system within Army. (Scott’s command is...
Navigating with the Fuel Indicator
Has it ever dawned on you that you think you are headed in the right direction only to discover that you are using the wrong measure to inform your decisions? It feels a bit like navigating a truck using the fuel gauge instead of the GPS. It was a lesson that I...
Bringing Innovation Down to Earth
Years ago, I worked for a Big 5 consulting firm and did a lot of strategic planning projects. In one case I remember we facilitated four three-day workshops with the top 25 executives in a government-owned power generation company in Canada. We went through a pretty...
Balanced Scorecard Gone Bad – What’s that Funky Smell?
I had a distressing phone conversation earlier this week. A former client called to say they were at a decision-point. They were trying to decide if they wanted to keep using their balanced scorecard system or not. He went on to say, “to be quite honest,...
Welcome to The Institute Way Blog!
Welcome to the Balanced Scorecard Institute Blog! This is the newest vehicle for Institute Associates to share tips, trends and other thoughts related to organizational strategy, management, performance and more. Blogs will be authored by the four...
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