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What is the Balanced Scorecard?

What is the Balanced Scorecard?
The balanced scorecard is a strategic planning and management system that is used extensively in business and industry, government, and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals. It was originated by Drs. Robert Kaplan (Harvard Business School) and David Norton as a performance measurement framework that added strategic non-financial performance measures to traditional financial metrics to give managers and executives a more 'balanced' view of organizational performance. The balanced scorecard has evolved from its early use as a simple performance measurement framework to a full strategic planning and management system. The “new” balanced scorecard transforms an organization’s strategic plan from an attractive but passive document into the "marching orders" for the organization on a daily basis. Related:  work and business

Hello - visualisation Hello I’m David McCandless, a London-based author, writer and designer. I’ve written for The Guardian, Wired and others. These days I’m an independent data journalist and information designer. I’m interested in how designed information can help us understand the world, cut through BS and reveal the hidden connections, patterns and stories underneath. My pet-hate is pie charts. Our mission Myself, and the rest of the crack team here at Information is Beautiful, are dedicated to distilling the world’s data, information and knowledge into beautiful, interesting and, above all, useful visualizations, infographics and diagrams. Who funds us? This site is entirely funded by sales of images, posters and books. Stay in touch @infobeautiful (just infographics)@mccandelish (details of my tawdry life too)This site’s RSS Web FeedFacebook email: pa [dot] david [dot] mccandless [AT] Gmail [dot] com. Want to know more? » I created the Helicopter Game, the most addictive game on the internets.

Strategic Planning Manual Home -> Strategic Planning Manual Simplified Strategic Planning Manual and Templates Thousands of leaders are reaping the benefits of Simplified Strategic Planning, a proven process for charting your course and direction that focuses your resources for superior performance in any business environment. If you and your management team follow the process in this clear and concise manual, you will: The SIMPLIFIED STRATEGIC PLANNING manual contains clear and complete instructions, exhibits and illustrated example worksheets. Development and examination of the necessary external and internal information required for strategic planning. Table of Contents A Few Testimonials "Simplified Strategic Planning provided us a straightforward process that helped our already successful organization set a much clearer direction for the future." Ed Engle, Jr., President, Rima Manufacturing Company "A system that is very well honed. Dean Arnold, V.P. of Public Operations, Kenco Group, Inc. William J. G. Harris C.

Creative Advantage - Innovation Training and Services KPI Library - Discover the right Key Performance Indicators Systems Theory - cinematic ambient space rock - Home Is Innovation Valuable? I began thinking carefully about Apple in 2005 when the stock was priced at around $55/share. I remember that the events which made me consider Apple in a different light were the launch of the iPod shuffle and the launch of the Mac mini. Both moves signaled to me that the company was serious about competing with non-consumption. At that point I thought that the company was a potential opportunity as an investment. But I also remember that many people at the time thought that the stock price was too expensive. Indeed, by 2006, the shine was off. However, in 2007 the company’s value recovered with the introduction of the iPhone. Yet, again, in early 2008 the company lost 40% of its valuation. Then the recession came. It may not appear to be the case, but throughout this volatile period, the investment thesis remained fairly constant: Apple is a rather small collection of product bets. The chart below shows just what that looks like in terms of product contribution to gross margin.

22 free tools for data visualization and analysis You may not think you've got much in common with an investigative journalist or an academic medical researcher. But if you're trying to extract useful information from an ever-increasing inflow of data, you'll likely find visualization useful -- whether it's to show patterns or trends with graphics instead of mountains of text, or to try to explain complex issues to a nontechnical audience. There are many tools around to help turn data into graphics, but they can carry hefty price tags. The cost can make sense for professionals whose primary job is to find meaning in mountains of information, but you might not be able to justify such an expense if you or your users only need a graphics application from time to time, or if your budget for new tools is somewhat limited. If one of the higher-priced options is out of your reach, there are a surprising number of highly robust tools for data visualization and analysis that are available at no charge. Data cleaning DataWrangler

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