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Balanced Scorecard and Strategy Map Lunch Bunch (Cabinet) August 23, 2007
Short-Term Goal (Today) ,[object Object]
[object Object]
Why think strategically?
[object Object]
[object Object]
[object Object]
[object Object]
[object Object]
Why think strategically? ,[object Object],[object Object],[object Object],[object Object],[object Object]
?
Strategy ,[object Object]
[object Object],10%
[object Object],[object Object]
Barriers to strategic thinking
Vision: Only 5% of workforce understands the strategy
People: Only 25% of managers have incentives linked to strategy
Management: 85% of Executive Teams spend less than 1 hour on strategy
Resources: 60% of organizations do not link budgets to strategy
[object Object],1 hour
Steps in this Process ,[object Object],[object Object],[object Object]
Step #1: What is BSC?
What is a Balanced Scorecard? ,[object Object]
Balanced Scorecard ,[object Object],[object Object]
[object Object],Where it started . . .
Some Basic Principles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Vision and Mission Strategic Assessment Strategy Map Balanced Scorecard Execution Monitor
When the community, students and staff are involved, all students do learn and succeed.
… to ensure all students will be at or above grade level
Four Sectors for Business.  "If we succeed, how will we look to our shareholders?” The Strategy Private Sector Organizations Financial Perspective "To achieve our vision, how must we look to our customers?” Customer Perspective "To satisfy our customers, at which processes must we excel?” Internal Perspective "To achieve our vision, how must our organization learn and improve Learning & Growth Introducing Strategy Maps A simple model of the value creation process
Customer ,[object Object],[object Object]
Processes ,[object Object]
Employee Learning and Growth ,[object Object]
Financial Perspective ,[object Object]
“ Simple, not simplistic.” -Kaplan and Norton
[object Object],[object Object]

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Balanced Scorecard Introduction

  • 1. Balanced Scorecard and Strategy Map Lunch Bunch (Cabinet) August 23, 2007
  • 2.
  • 3.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. ?
  • 12.
  • 13.
  • 14.
  • 16. Vision: Only 5% of workforce understands the strategy
  • 17. People: Only 25% of managers have incentives linked to strategy
  • 18. Management: 85% of Executive Teams spend less than 1 hour on strategy
  • 19. Resources: 60% of organizations do not link budgets to strategy
  • 20.
  • 21.
  • 22. Step #1: What is BSC?
  • 23.
  • 24.
  • 25.
  • 26.
  • 27. Vision and Mission Strategic Assessment Strategy Map Balanced Scorecard Execution Monitor
  • 28. When the community, students and staff are involved, all students do learn and succeed.
  • 29. … to ensure all students will be at or above grade level
  • 30. Four Sectors for Business. "If we succeed, how will we look to our shareholders?” The Strategy Private Sector Organizations Financial Perspective "To achieve our vision, how must we look to our customers?” Customer Perspective "To satisfy our customers, at which processes must we excel?” Internal Perspective "To achieve our vision, how must our organization learn and improve Learning & Growth Introducing Strategy Maps A simple model of the value creation process
  • 31.
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  • 35. “ Simple, not simplistic.” -Kaplan and Norton
  • 36.