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  Forum  Balanced Scorec...  Balanced Scorec...  Cascading by Objective, Performance Measure or Initiative
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New Post 4/14/2008 9:53 AM
  zemetis
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www.balancedscorecard.org
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Cascading by Objective, Performance Measure or Initiative 
Modified By zemetis  on 4/21/2008 10:01:53 AM)

What is your opinion or experience with the best way to cascade your scorecard?

By Strategic Objective where divisional and individual scorecards align to organizational objectives?  Or is it by Performance Measure where division/departmental measures align (roll up to) to higher level measures?  Or is it by Initiative, where unit and individual activities and tasks must align with Organizational efforts of improvement (projects)?

 
New Post 5/15/2008 12:09 AM
  Mugesh@tatachemicals.com
1 posts
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Re: Cascading by Objective, Performance Measure or Initiative 

Hi..all,

I am a new member to this Institute as for this fora.. We at Tata Chemicals Ltd, India use Balanced Score Card (BSC) for setting our strategy. Also the employees peformance measurement systems is very closely aligned to the BSC. We use Strategy Deployment Matrix (SDM) to cascade strategy in to individual goals. All the objectives and measures are aligned to Divisional goals, functional/ departmental goals and to individual employees goals.

Improvement projects are made to achieve the strategic objectives and the measures are monitored at regular intervals (Every month).

I feel we have a very good system of aligning and integrating our BSC with individual goals.

Mugesh babu

 
New Post 5/18/2008 5:30 PM
  Harlean
1 posts
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Re: Cascading by Objective, Performance Measure or Initiative 

Hi Mugesh babu,

I am new to this forum as well and I have been building a score card for the hospital since last year.  I am developing the 2nd one for the new strategic plan and now I have to cascade it down to the divisional level then to the departmental level.  The SDM tha you mentioned above sounds interesting. Can you please share more information with me at your earliest convenience? What I have learned so far is self taught through reading and research. I intend to enroll in the training sessions so that I can enhance my skills to produce quality score cards for the organization.  Our reports are monthly.

Harlean

 
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