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Neil Sutcliffe, Chairman of i-nexus discussed how organizations are transforming their Balanced Scorecards from a basic reporting tool into a Business Execution System.
Conservative estimates suggest more than 10,000 organizations of all sizes have adopted the Balanced Scorecard as the basis of their performance management system. Whilst the vast majority of these organizations are using the Balanced Scorecard effectively as a reporting system, research suggests that less than 20% believe it is helping them to actually drive execution of their strategy.
Neil Sutcliffe shared the best practices from leading organizations who have literally transformed their Balanced Scorecard into a comprehensive execution system that is creating alignment, driving action and delivering results.
Drawing on real case studies and the experience of over 40 leading companies, Neil outlined how organizations have successfully integrated the Balanced Scorecard, Goal Deployment, Lean Six Sigma and Process Management to build a Business Execution System.
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