The work on the strategy starts with the development and the formalization of business hypothesis about how to overcome the challenges that a company faces. It is important to catch the ideas about the reasons for the problem, and to form a hypothesis about how to overcome these problems, and as a result, formalize specific business objectives for the team. It is even more important to describe the cause-and-effect relationships between these objectives.
In BSC Designer one can formalize business goals, specify relationship between them, align them with leading and lagging indicators, link them to the initiatives, and for sure, visualize the most important objectives on the strategy map. Learn how to do all this in the video manual for Business Goals.
Learn more about Business Goals in the user manual.