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"It's hard to make predictions,
especially about the future."
- Yogi Berra
Great ideas need landing gear as well as wings.
- C.D. Jackson
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The Balanced Scorecard is a framework that helps organizations translate strategy into operational objectives that drive both behavior and performance. It is a practical roadmap for the implementation and management of both strategy and change. It is driven by the company's vision and its audacious goal for the future. Finally, it is a set of performance metrics that contain both leading (predictive) indicators and lagging indicators (like profit last period). Together they provide a structure for creating value from four key perspectives: financial, customer, internal process, and personnel accountability.
TMG will lead sessions with key personnel designed specifically for your company which will:
- Poll key members on the current state of the organization
- Perform a situational analysis of existing strengths, weaknesses, opportunities and threats.
- Identify the three to five critical issues which the company must get right to flourish.
- Hone in on the single most important strategic issue and set goals to address it.
- Create the Balanced Scorecard: based on the above conclusions, what are we going to accomplish in the coming year, who is responsible for effecting each change and what are the deadlines for completion.
For additional information, contact Ben Markens.
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