What is your biggest frustration or challenge with Balanced Scorecard (BSC)?
We are always looking for a new ways to provide our customers with better information and service. Today we decided to come up with a single question:
- What is your biggest frustration with Balanced Scorecard? – answer this question to get a balanced scorecard consultation for free!
Why should one spend time to participate? Because you will have a solution! We know that your time is valuable and we are not just gathering the information to create a useless statistic report, we are actually going to find solutions that will help you to solve these Balanced Scorecard problems.
Once we analyze problems mentioned by our customers, all participants of this survey will have copy of our responses. This is actually a free balanced scorecard consultation, which normally is expensive.
Take your chance to share your ideas about the biggest frustration with Balanced Scorecard and you will get some ideas that will help to solve your problem. Please, use comment box below to post your thoughts!
The frustrations of BSC are:
- to balance present and future strategies (check the answer)
- to come up with the effective measures for each strategies (check the answer)
- cascading the measures systematically from the corporate level to the department and individual. (check the answer)
- the responsible persons doesn’t want to be evaluated by the assigned measures. (check the answer)
- Lack of aligning HR system with BSC (check the answer)
- Lack of participation in development strategies and BSC (check the answer)
- Lack of effective information while developing BSC (check the answer)
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 seen yet. Best regards. (check the answer)
how to effectively cascade a BSC from a unit level down to an individual level. while still aligned to performance management aspects. (Check the answer)
I have following challenges
1. How staff bound to BSC (check the answer)
2. Lack of proper HR KPIs and Customer KPIs (check the answer)
3. Develop Strategic Scorecard for Group (check answer here)
Setting up measurable and realistic KPIs that will align with our corporate objectives (check the answer)
Some concerns i have are:
a. How to manage inclusion and involvement issues in big organizations (answer to the question)
b. It is often hard to sustain top management energy around vigilant monitoring of the metrics.The more comprehensive we try to be with the metrics, the heavier management time is required. (answer to the question).
c.BSC works best when put in the context of the organization’s medium to long term strategies. The system should make a stronger input into evolving the firm’s strategy which the BSC should support. (answer to the question)
I wish to utilise your 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 for me. (check the answer)
My biggest challenges:
1- lack of top management commitment.
2- lack of top management commitment.
3- lack of top management commitment.
(check the answer)
Does anyone have “best practice” experience working with the busy entrepreneurs operating small businesses? (check the answer)
I think the major problems that most of us often make are: we dont know how to design as well as measure future strategies into a BSC, because we only think of present matters. And we often give a subjective percentage measurement. Hung Tran. (the answer to the comment)
Based on a reusable template, setting up measurable KPIs for small companies. (check the answer)
Dear all,
I would like to know how to implement my good theoretical knowledge in BSC in practice in my organization in hospital service in suburban Timor Indonesia? Regards, Simon Paulus Messah. (check the answer)