The report was prepared under the auspices of the National Advisory Environmental Health Committee to provide direction to Federal programmes in occupational health. Technological change and the increasing psychological demands of the workplace were listed as contributing factors. Thirty years later, this report has proven remarkably prophetic. Job stress has become a leading source of worker disability in North America and Europe.
We went to work, did our job well or otherwise and went home - day in and day out. We did not have to worry about targets, annual assessments, metric-driven incentives, etc.
Aahh… life was simple back then. Then there came light. Bosses everywhere cast envious eyes towards our transatlantic cousins whose ambition was to increase production and efficiency year-by-year.
Like eager younger siblings we trailed behind them on the sometimes thorny path to enlightenment. Early Metric-Driven Incentives - MDIs - were generally focused on the financial aspects of an organization by either claiming to increase profit margins or reduce costs. They were not always successful, for instance driving down costs could sometimes be at the expense of quality, staff lost expertise or even losing some of your customer base.
A definition often quoted is: A Balanced Scorecard approach is to take a holistic view of an organization and co-ordinate MDIs so that efficiencies are experienced by all departments and in a joined-up fashion.
To embark on the Balanced Scorecard path an organization first must know and understand the following:A strategy map template is a reference diagram to help showing your organization's strategy on a single page.
Use it to communicate big-picture objectives. Thanks to Kaplan and Norton. IKEA Business Model 'Partnership with the Client' Business Modeling.
Views. maps, pioneered by Balanced Scorecard founders Robert Kaplan and David Norton, allow organisations to describe and communicate Our Game Plan Strategy Map Translate the Strategy Balanced Scorecard Measure and Focus Targets and Initiatives executing the right business processes to achieve.
The Business Balanced Scorecard and Key Performance Indicators Robert S. Kaplan and David P. Norton have developed what is Balance your key business objectives The diagram illustrates an example of a client’s organizational objectives. MBA Dictionary of Business Management Methods. This management dictionary contains a description and explanation of terms and methods.
It's a management glossary. A Strategy Map is a diagram that describes how a company or organisation can create value by linking strategic objectives in a cause and effect relationship.
align business activities to a vision and strategy of an organisation. Classic Kaplan/Norton. Productivity Strategy. Operations Management Processes. Supply. Production. . Balanced Scorecards - simple summary of Kaplan and Norton's organizational strategic management tool, and learning aid diagram.