Companies often manage strategy in fits and starts. Though executives may formulate an excellent strategy, it easily fades from memory as the organization tackles day-to-day operations issues, doing what HBS professor Robert S. Kaplan calls “fighting fires.”
A new book by Kaplan and David P. Norton aims to make strategy a continual process. The Execution Premium: Linking Strategy to Operations for Competitive Advantage shows managers how to weave organizational principles into a more effective management system that respects the differences between strategy and operations yet integrates them in a powerful way. Kaplan and Norton introduced the Balanced Scorecard, a performance measurement system, in 1992. The Execution Premium is their fifth book as coauthors.
Kaplan recently explained the ideas behind The Execution Premium and how they bridge the common divide between strategy and operations.
Author: Robert S. Kaplan
Source: Harvard Business School (HBS) Working Knowledge
Subject: Strategy
- A Kite with a Broken String – The Balanced Scorecard
- A Learning-and-Growth Metric for Strategy-focused Organizations, Part I
- Alignment: Using the Balanced Scorecard to Create Corporate Synergies
- Andy Neely (Guru Interview)
- Balanced Scorecard and Sustainability
- Designing a Strategy Implementation Monitoring System
- Fitting the Balanced Scorecard Into BPM
- Five Distinct Views of Scorecards – and Their Implications
- Frank Buytendijk
- Gary Cokins
- Jay Freeman
- Keeping Your Balance With Customers
- Management Tools & Techniques
- Managing Complexity
- Managing the Alignment Process
- Measuring Up
- Moving Strategy Forward: Merging the Balanced Scorecard and Business Intelligence
- Non-Requisite Organization: The Fallout from Using the “Balanced” Scorecard
- Partnering and the Balanced Scorecard
- Putting the Scorecard to Work, Part One
- Putting the Scorecard to Work, Part Two
- RAVE™: Integrated Value Management for Customer, Human Supplier and Invested Capital
- Success x 2
- Sustainability management With the Balanced Scorecard
- The 5 Simple Steps to Building an Award-Winning Balanced Scorecard
- The Balanced Scorecard and Corporate Social Responsibility: Aligning Values for Profit
- The Performance Management System: Turning Strategies into Results
- The Role of Finance in the Strategic-Planning and Decision-Making Process
- What Are the Measures That Matter?
- Why Most Balanced Scorecards are Subverted
- Zen and the Art of the Balanced Scorecard
