A balanced scorecard is a strategic planning and management tool that is extensively used across all industries. The core value of this tool is its ability to align vision and strategy, improve communications and provide a pathway for performance alignment. When implemented effectively, a balanced scorecard serves as a framework for a full strategic planning and management system. Perhaps it’s greatest benefit is the ability to elevate strategic plans from passive documents into plans of action on a day-to-day operational level and for proactive work to not be overrun by the reactive.
From an executive perspective, a balanced scorecard is a secret weapon for performance-driven executives, equipping you to execute (and measure) strategic objectives on an enterprise level.
TalentPort’s expertise shines as we partner with you to design a balanced scorecard for each position that accurately reflects the multifaceted needs of each role. We carefully evaluate organizational strategy, business process and customer needs, and partner with you to create a balanced scorecard and implementation process that will improve visibility, communications and offer clear metrics to gauge individual performance. Moreover, you’ll have a dynamic tool that grows with your organization and provides a foundation for course correction and expansion and career development.