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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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Posted in BSC Modifications
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Extend Your Balanced Scorecard up to 8 Perspectives

Extend Your Balanced Scorecard up to 8 Perspectives

What are the strengths of this framework and where do we need to yet improve it? I have already alluded to a need for more than four dimensions. In fact, I propose eight. To make them easier to remember I named them all by starting with a letter M. These

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Posted in Balanced Scorecard Theory
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Postpone Balanced Scorecard Automation Until You Are 100% Happy with the Underlying Process – Interview with Jeroen De Flander

Jeroen De Flander – author Strategy Execution Heroes and director at The Performance Factory

10 questions to Balanced Scorecard Expert Jeroen De Flander – author Strategy Execution Heroes and director at The Performance Factory

Posted in Interviews
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Keep Balanced Scorecard Simple – Interview with James Creelman

James Creelman, independent Balanced Scorecard consultant and author.

10 questions to Balanced Scorecard Expert James Creelman, independent Balanced Scorecard consultant and author

Posted in Interviews
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Case study: Strategy Improvement and Strategic Control in Finance

Balanced Scorecard Challenges. Case study “Strategy Improvement And Strategic Control in Finance”

BSC Designer helped CAJA RURAL DE SALAMANCA to improve the strategic and control efficiency

Posted in BSC Designer Cases
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Balanced Scorecard Helps Insurance Company to Manage New Operational Complexities

UNUM Insurance

Balanced Scorecard helps UNUM Insurance to Manage New Operational Complexities and Diverse Stakeholder Groups UNUM is a Fortune 500 company and a market leader in disability, group life, long term care and voluntary benefits.  In 1998, when the company first implemented a Balanced Scorecard approach, it had 7,200 employees; today

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Posted in By Industry
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Why Should We Focus Beyond Financial KPIs?

Why should we focus beyond financial KPIs?

When I ask my MBA students about the purpose of corporations, the typical answer that I hear is that it is to make a profit, to make money.  But if they are right, why should we focus on managing a company by any non-financial metric? After all, the company either

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Posted in Balanced Scorecard Theory
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