Strategy blog

Strategic insights and ideas from our founder Gavin Lawrie.

Our strategy blog

What next for the Balanced Scorecard?

This question was recently posed in a blog posting by James Creelman, and has been a common question since Balanced Scorecard’s inception. Read on to find out our views - but the good news is that at least three of James’s four ‘new things’ are already established features in modern best-practice Balanced Scorecard designs. Phew!

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Make ‘hindsight’ a thing of the past…

We would all like to know what will happen in the future: life would be easier if we could get a warning about problems before they happen. This is also true for managers - especially when they are working on strategy implementation projects.

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Fire-and-forget… doesn’t work for strategy implementation

Organisations invest a lot of time and energy in developing strategies which if implemented would doubtless benefit the organisation hugely. But in our experience the focus that top managers put into developing the strategy is not matched by a similar commitment when it comes to managing its implementation.

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Balanced Scorecards help managers to implement strategy more effectively

For each of the last seven years 2GC has undertaken an annual survey of Balanced Scorecard Usage, to find out who uses Balanced Scorecards, what they are used for, and if they work. The results of the 2015 Survey are now available! If you have got a Balanced Scorecard and want to see how it…

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Picking measures for strategy implementation - three simple rules…

Organisations are very good at measuring things: it is hardly surprising since we have had a lot of practice - the earliest records of formalised performance measures date from over 6,500 years ago! Modern organisations are awash with measurement data, yet despite this, in the area of strategy implementation organisations struggle to get the feedback…

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