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Management - Balanced Scorecard
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Guidelines for Implementing Balanced Scorecard |
A prerequisite for implementing a Balanced Scorecard is
a clear understanding of the organizations vision and
strategy. The basis for the vision and the strategy
should be the holistic view and the information the
management receives during systematic strategy work. The
implementation of a BSC should always be organized as a
separate management system development project. The
project should be planned in the same detail as any
other project in the organization and standard project
management procedures should be followed. The actual
implementation of a Balanced Scorecard can be divided
into five phases: Model synthesis, technical
implementation, organizational integration, technical
integration and operation. Many of the above phases can
be performed parallel. This will shorten the total
project schedule significantly. pdf |
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