Summary of Balanced Scorecard Step-by-Step

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Rating

8 Overall

9 Applicability

8 Innovation

7 Style


Recommendation

In Balanced Scorecard Step-by-Step, Paul R. Niven expands upon the balanced scorecard methodology he originally developed with Dave Norton 10 years earlier. Balanced Scorecard is designed to focus an entire organization on implementing and improving its strategy. In this book, Niven puts the Balanced Scorecard approach into practice, focusing on the details of implementation and the role of leadership in establishing and maintaining the program. getAbstract recommends this book for any executive looking for nuts-and-bolts knowledge about a performance measurement system that grew into a comprehensive management philosophy.

In this summary, you will learn

  • The basic principles of the Balanced Scorecard, a performance-measurement and management strategy;
  • The major impediments to strategic execution, and
  • How to craft and implement a Balanced Scorecard program for your organization.
 

About the Author

Paul R. Niven is a management consultant and noted speaker on the subjects of Performance Management and the Balanced Scorecard. As both a practitioner and consultant, he has developed successful Performance Management systems for large and small clients in a wide variety of organizations, including Fortune 1000 companies, public sector and not-for-profit companies.

 

Summary

Balanced Scorecard: An Intro
Organizations face many barriers when it comes time to execute the strategy formed by their leaders. Among the most common impediments to strategic execution are these: The vision barrier, which arises when most employees don’t understand the organization...

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