KPIs for Remote Employees: Three Pillars of an Effective Distributed Team

An ability to hire and manage employees remotely is becoming a competitive advantage these days1. More highly qualified talents prefer to work remotely to achieve a better work-life balance. How do you find the right employees? How do you manage remote teams? What KPIs will help to track the performance?   We’ll start the discussion … Read more

How to Focus Innovation Strategy with the Three Horizons Model

Learn how to use McKinsey’s Three Horizons Model for top level planning of business growth and innovation. Before, we discussed strategy map as a framework for the articulation of the innovation strategy. What about other popular frameworks? They certainly help to organize high-level thoughts about innovations and formulate a bird’s-eye view on a company’s innovation … Read more

Practical Guide: Implementing Strategic Planning in Complex Environment

Any organization has its unique approach to strategy. With increasing complexity of challenges that we face today, many organizations find their existing approach insufficient and are looking for more effective ways to discuss and execute their strategies. In this article, we’ll discuss practical steps to adapt strategic planning to the environments defined by growing complexity, … Read more

Audit Your KPI Scorecard with Automated Quality Check

Let BSC Designer check the quality of your KPI scorecard. The software will analyze your KPI scorecard automatically and suggest some improvements. How to Get Quality Score Calculated To use the KPI Scorecard Audit, follow these steps: Sign into your account at BSC Designer Online or create a free one Create a scorecard or open … Read more

How to Integrate SDGs Into an Organization’s Strategy

Organizations all over the world recognize the need to align their strategic goals and initiatives with the UN Sustainable Development Goals and National Agendas. In this article, we’ll discuss the practical steps to implement the goals from high-level frameworks like SDGs to a company’s strategies. Introduction to SDGs and National Agendas In 2015, all member … Read more

Strategy Presentation: Digital Transformation from Slides to Strategy Planning Software

On a way towards digital transformation, start with digitalizing how your team presents and discusses strategy.   What comes to your mind when you hear “strategy presentation”? In most cases, the answer is “boring presentation slides.” You can do much better with a strategy map and specialized strategy planning software. In this article, we share some … Read more

How to Formulate a Cost Reduction Strategy with KPIs, Risks, and Priorities

Times of uncertainty and financial recession implies reducing costs. Let’s discuss how to do it in a disciplined way to minimize a negative impact on organization.   We are living in a period of uncertainty – disruptive changes and unpredictable events lead organizations to tighten their belts and focus on cost reduction. The easiest way … Read more

Decomposition of the Goals in Strategic Planning: Full Guide

Strategies fail because of vague and ambiguous goals. Learn how to break-down high-level strategies into specific, actionable sub-goals quantified by the value for stakeholders.  The Content: Introduction: strategy formulation challenges Strategy decomposition: general principles, preparation, decomposition by value Software automation: decomposition for users of BSC Designer Introduction: What is a Success Rate of Strategy Execution? … Read more

Strategic Change Agenda: How to Define Transformation Goals

Learn how to facilitate definition of the goals for a strategy map with the Strategic Change Agenda framework. Background Strategic Change Agenda is one of the frameworks1 for strategy formulation. In the context of strategic planning, the change agenda tool was mentioned in “The Execution Premium”2 as a tool that “explains the need for the … Read more