Balanced Scorecard Implementation

Would you like to expand your business and achieve your strategic goals?  ICB will help you set your goals with precise and measurable indicators thus giving you the tools to grow your business.

The implementation of a Balanced Scorecard System (BSC) will help you articulate your strategy by defining key performance indicators (KPI) to measure the achievement of your strategic objectives. Objectives are identified in the four perspectives: financial, customers, internal processes, and learning and development, according to the methodology of R. Kaplan and D. Norton. Thus management effort is focused not only on the achievement of short-term financial results, but also on the long-term sustainable development of the organization.

Executives in your company will receive a system for real-time monitoring of the level of strategic objectives achievement, which will allow them to take timely action to avoid potential problems. Changes in the environment can be detected and a need for company strategy adjustment recognized.

Balanced scorecard mplementation projects include:

• Implementation of a Balanced Scorecard management system
• Development of plans for implementation of your strategy
• Definition of objectives and responsibilities for top executives and middle managers and performance  measurement
• Integration of the systems for strategic and operational management with other systems in your company like quality management systems based on ISO 9001:2008, risk management systems, etc.
   

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White paper: Balanced Score Card