Human Resources: Drive Strategy to Every Desktop:How to Integrate Balanced Scorecards with Employee Performance Mgmnt

The Balanced Scorecard is the tool of choice for managing strategy, and Employee Performance Management tops most organizations’ lists of urgent strategic initiatives. Learn how these complementary approaches can work together to help execute strategy.

The Balanced Scorecard is the tool of choice for managing strategy. But articulating strategy with scorecards may not be sufficient to help employees understand how their day-to-day actions drive business success. Top-to-bottom strategic alignment — and bottom-up accountability — depend on an integration of corporate scorecards with Employee Performance Management systems. The complementary power of scorecards and EPM gives the executive suite the ability to communicate strategy from the top desk to every desktop, while providing the strategic context for goal alignment, performance appraisals, pay for performance, succession planning and workforce planning that are typically managed by EPM software.

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