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Most businesses
rely on basic strategic principles to
operate effectively:
-
Implement an effective strategy that
translates to specific, actionable and
measurable goals
-
Communicate
and align the strategy for all levels of
the organization
-
Drive
operational change according to the
strategy
Most strategic
planning sessions try to build on these
pillars to lead the company to growth, but
according to
Robert S.
Kaplan and David P. Norton, authors of ‘The
Strategy-Focused Organization’, 85% of
executive teams spend less than one hour per
month discussing strategy and 90% fail to
execute strategy successfully.
This pattern is
more obvious the further down into the
organization you look. According to Kaplan
and Norton, only 5% of the workforce gets
the strategy and only 25% of managers have
incentives linked to strategy. As a result,
Kaplan and Norton created the
Balanced Scorecard
to help organizations tie their
strategic components together.

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i3solutions has a rich history of creating critical business productivity
solutions for businesses since 1997. To schedule a demonstration of Business
Scorecard Manager or other productivity solutions, please email
askI3@i3solutions.com or call 703.652.8914.
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