Blog Archives

6 Problems To Fix in Your Personal Balanced Scorecard

Metric Problem: focusing on the results and efforts, instead of leading actions.

The need for the personal scorecard is promoted by known saying “What gets measured gets done.” People create their scorecards, divide their life into four, eight, or more sectors, and then expect for a miracle to happen. The next quarter/year they get back to their scorecards and see that: Some obvious

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Balanced Scorecard vs EVA: Differences and Similarities

Major advantages of BSC and EVA

A great advantage of Balanced Scorecard is the possibility to use it in combination with other performance management systems and individual indicators.  We have already written about Six sigma, Total Quality Management, Lean production and the way these systems can work with Balanced Scorecard.  This article focuses on EVA (Economic Value Added) and Balanced Scorecard.  We

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Advantages of Six Sigma, Lean, TQM and BSC

Features of different business management systems

Most of the business management systems have been developed during the industrial revolution, when manufacturers understood that business and production processes needed to be controlled, evaluated and improved.  With the development of industry and the growth of business in general, the business management systems have evolved into business philosophies that

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