Monthly Archives: November 2011

How to come up with the effective measures for strategy

Frustration: „Come up with the effective measures for each strategies“ Solution: There are some simple rules and algorithms that make this process easier. We discuss this in „How to design winning KPIs“ eTraining. One of the best ideas that you can start using right now is not actually focusing on

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Posted in Frustrations

Implement Balanced Scorecard (BSC) in IT area

Frustration: „My biggest frustration with BSC is the way to implement on an IT area as a PILOT. I have not found some guidance on how to do this. I have seen may templates on HR or IT operations but from the strategic perspective involving the complete area have not

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Posted in Frustrations

Balanced Scorecard (BSC) for monitoring and value addition for construction

Frustration: „I wish to utilise BSC for close monitoring and value addition for our on going Civil construction projects all across India. I am interested particularly in Highway construction, Bridge Construction, Tunnel construction. Certainly it will give me pleasure if i can utilise BSC otherwise it is a big frustration

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Posted in Frustrations

Lack of aligning HR system with Balanced Scorecard (BSC)

Frustration: „Lack of aligning HR system with BSC“ Solution: The problem here is more with particular Balanced Scorecard implementation, not with the concept itself. Follow this scheme to make the process easier: Define the type of aligning between HR and Balanced Scorecard. If you want align compensation plan or you

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Posted in Frustrations

Balanced Scorecard for the busy entrepreneurs operating small businesses

Frustration: „Does anyone have “best practice” experience working with the busy entrepreneurs operating small businesses?“ Solution: I believe „busy“ entrepreneurs are much easier to deal with that large corporations. The best motivation for entrepreneurs to use the Balanced Scorecard is that with measures from BSC these people can actually delegate

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Lack of top management commitment when using Balanced Scorecard

Frustration: „Lack of top management commitment.“ Solution: Probably one of the crucial problems, as finally stake-holders of the Balanced Scorecard are top managers. Normally this happens when Balanced Scorecard doesn’t prove to be working concept. In this case it is better to go one step back and start with successful

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How to manage inclusion and involvement issues in big organizations

Frustration: „How to manage inclusion and involvement issues in big organizations“ Solution: Here are some ideas that should help: Think about big organization as about set of separate business units. For each business unit find stake-holder (who define goals of this unit), manager (who define and control real action), line-level

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Posted in Frustrations

How staff bound to Balanced Scorecard (BSC)

Frustration: „How staff bound to BSC“ Solution: This depends a lot on staff and the level of organization. The algorithm for the implementation can be found in Balanced Scorecard Implementation Guide. The common mistake here is that managers design measures on their own. In is not the right approach. More

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Posted in Frustrations

Solving the problem of lack of participation in development strategies and Balanced Scorecard (BSC)

Frustration: „Lack of participation in development strategies and BSC“ Solution: People don’t want to change their style of doing business, it is normally that most managers will not be happy when some new technique appears in the company. The first goal is to show that Balanced Scorecard concept is not

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Posted in Frustrations

The responsible person doesn’t want to be evaluated by the assigned measures

Frustration: „The responsible person doesn’t want to be evaluated by the assigned measures“ Solution: The best idea to do in this situation is to analyze the reason why this happens. Measure is not adequate. Measure was assigned by manager from higher level without collaboration with line-level employee. As the result

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Posted in Frustrations
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