It’s time for Episode 27 of Elevate18. Last week we spoke about reporting on the big picture in your business using the Balanced Scorecard. Rather than just looking at your business from a financial perspective, the Balanced Scorecard achieves a more balanced view by looking at four different perspectives. If you missed it, you can catch up here.
In this episode, I wanted to drill down further into what a Balanced Scorecard might look like in your business and how you can map it out.
So we have a balanced scorecard up on the board again, you may remember the four perspectives, but here they are. Financial, Customer, Process and People.
Now what we said last week was that the balanced scorecard ties back directly to your vision and strategy. In fact, the balanced scorecard is probably the best way of keeping track of strategic progress. This is because you’re able to list out in each section, what your key strategic objectives are.
Watch this week’s episode and please don’t hesitate to reach out to me if you have any questions.
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