Summary of Performance Drivers

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Rating

8 Overall

10 Applicability

8 Innovation

5 Style


Recommendation

Performance Drivers provides a comprehensive explanation of the balanced scorecard system, which is designed to help companies measure and improve their performance. More importantly perhaps, the book also includes an honest assessment of the balanced scorecard’s shortcomings and weaknesses, along with suggestions on how you can improve the effectiveness of your own system and increase its chances of success. The writing tends to the dry, which might be a result of the translation from its original Swedish. Nevertheless, getAbstract.com strongly recommends this book to anyone interested in learning the intricacies of the balanced scorecard.

In this summary, you will learn

  • The fundamentals of the balanced scorecard, a system of performance measurement and improvement;
  • How to design and implement a balanced scorecard system for your own company, and
  • Tips and techniques that will improve the chances of any balance scorecard program’s success.
 

About the Authors

Nils-Göran Olve is an adjunct professor at Sweden’s Linköping University. He is author of Virtual Organizations and Beyond. Jan Roy is CEO and a senior partner of CEPRO management consultants and previously worked as CEO of several Swedish companies. Magnus Wetter is a management consultant specializing in strategic development and control issues. He has studied at Lund University and McGill University in Montreal.

 

Summary

The Balanced Scorecard
The balanced scorecard concept first appeared in 1992, as the latest in a long line of approaches to develop non-financial measures of a company’s performance. Companies develop scorecards to improve strategic focus and control. The scorecard is a way for a company...

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