camscholey.com In this video, Cam Scholey talks about strategy mapping and the balanced scorecard as superior tools for strategic planning and business strategy execution. They eliminate many of the primary reasons that business strategies fail, drastically improving the likelihood of achieving strategic objectives.
The logic and high quality of the visual representation found in a strategy map has improved strategy for thousands of organizations in many ways. These include communication, strategic understanding, and the ability to cascade (or “roll out”) strategy throughout the organization.
Connected to the strategy map is its partner the balanced scorecard. The balanced scorecard builds on the work of the strategy map, adding measures and targets so that business strategy can be assessed regularly. It facilitates an assessment at multiple levels, so that organizations can always have an awareness of whether and to what degree they are achieving their business strategy. Corrective action can be taken quickly to head off areas of concern.
Call now or contact us online. Whether you are in Toronto or elsewhere, we can assist in your efforts to better formulate and execute your business strategy.
If you are experiencing challenges in planning out and executing business strategy, you should check these pages: camscholey.com... & camscholey.com... .
Cam Scholey, MBA, Ph.D., CPA, FCPA
#297-2967 Dundas Street West
Toronto, ON
M6P 1Z2
cscholey@outlook.com
camscholey.com...
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