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by: Robert S. Kaplan, David P. Norton

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Average Rating: Rating: - Finding the Leverage Points Kaplan and Norton's book establishes the pathways to develop not only a superb strategic management system but an effective strategic communication system as well. In every business those two enterprises are co-dependant and are key to effective strategies being effectively realized. Those looking for the trendy business "idea d'jour" should look elsewhere; the BSC focuses on practical methods and measures to move strategy into sustainable operational actions. While the Balanced Scorecard may not transform your organization, it can give you the competitive advantage needed to prevail in your market. The book is very readable and gives a comprehensive overview of the processes involved. Rating: - Overcome Poor Communications and Bureaucracy for New Actions The Balanced Scorecard looks at the important issues of alignment, coordination, and effective implementation. Most business thinkers like to start with the big picture, and end there. As a result, most ideas for going in a new direction are quickly diluted by misunderstanding, falling back on old habits, and lethargy. Since Peter Drucker first popularized the idea of business strategy, there have been vastly more strategies conceived than there have been strategies successfully implemented as a result. Much attention has been paid to devising better strategies in the last four decades, and little to implementing strategies. The big pay-off is in the implementation, and The Balanced Scorecard is one of handful of books that provide important and valuable guidance to explain what needs to be done to successfully execute strategy. You must have more measures, and different measures than the accounting system provides. You also need to link measures and compensation to the key tasks that each person must perform. This book is simply the Rosetta Stone of communicating and managing strategy. The Balanced Scorecard is the beginning of the practical period of maturity in the field of business strategy. Read this book today to enjoy much more prosperity! I also recommend that you read The Fifth Discipline, The Fifth Discipline Handbook, and The Dance of Change to understand more about the context in which you are trying to make positive change. These four books are excellent companions for each other. Rating: - The Best Way To Overcome Strategic Communications Stalls Since Peter Drucker first popularized the idea of business strategy, there have been vastly more strategies conceived than there have been strategies successfully implemented. Much attention has been paid to devising better strategies, and little to implementing strategies. The big pay-off is in the implementation, and THE BALANCED SCORECORE hits a home run in showing how to explain what needs to be done to successfully execute strategy. You must have more measures, and different measures than the accounting system provides. You also need to link measures to the key tasks that each person must perform. This book is simply the Rosetta Stone of communicating and managing strategy. THE BALANCED SCORECARD is the beginning of the practical period of maturity in the field of business strategy. Read this book today to enjoy much more prosperity!

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