Palladium Balanced Scorecard

Since the year 2000, the Palladium Balanced Scorecard Hall of Fame for Executing Strategy® award has recognized organisations that have proven the intuitive truth that well-designed strategy and sustained excellence in execution yield industry-leading performance. Such performance comes in many forms including more engaged employees, more satisfied stakeholders, and returns for shareholders or reinvestment in the mission. Hall of Fame inductees vary widely in size and complexity and hail from nearly every industry and corner of the world. Their cases have demonstrated the broad applicability and effectiveness of strategy management practices as articulated in the Palladium Execution Premium Process™.

The Balanced Scorecard is a multidimensional approach to measure performance that incorporates both financial and non-financial factors. It balances four performance perspectives—financial, customer, process, and learning and growth. With the Balanced Scorecard, organizations can easily see the cause-effect relationship between actions and outcomes, whether it’s the effect a new CRM program will have on financial performance or the impact a new process improvement will have on accelerating product development. No other management tool illustrates these interconnections with such clarity.

The Philippine Army continue to develop strong, dynamic strategies and used their strategy execution system to implement them well and deliver strong performance and was recognized for continual improvement and further matured their strategy execution capabilities since admission to the Hall of Fame. 

Philippine Army
Industry: Public Administration
Inducted: 2017
Regions: APAC
Country: Philippines

 

Download the Case

Source: thepalladiumgroup.com