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Why using Strategy Maps alongside Balanced Scorecard? If your balanced scorecard does not use a strategy map, then your scorecard will remain an operational tool, rather than one of strategy communication and execution. A strategy map sits in front of its balanced scorecard. It is very important to understand that each balanced scorecard has a strategy map. Rather than, each strategy map has a scorecard behind it.
Ramakrishna Krovvidi, Senior Vice-President of DU UAE, presented a case study on the challenges faced by the company when putting in place aspects such as pay for performance, as well as broader concepts such as developing a performance culture and ensuring alignment between individual and strategic level.
The fourth session on the second day of Kaplan Norton Masterclass was Completing the loop: Monitoring, Adapting and Sustaining your Strategy execution system.
The first session on the second day of Kaplan Norton Masterclass was Measuring, Managing and Developing Human Capital.
The fourth session on the first day of Kaplan Norton Masterclass was Aligning Organizational Units for Corporate Synergies.
Dr. Kaplan started by pointing out that, to him, the most important alignment in any company is the one between the corporation and the business groups.
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