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Having Trouble with Your Strategy? Then Map it
Essay specific features
Written by:
Bonnie W
Date added:
October 9, 2015
Level:
University
Grade:
B
No of pages / words:
2 / 557
Was viewed:
1119 times
Rating of current essay:
Essay content:
The authors have created the balance scorecard that have adapted that seminal tool to create strategy maps. They use balanced scorecard strategy maps to show how an organization can convert its assets into desired outcomes. It is best to build these strategy maps from the top down, and then charting the routes that will lead to the desired outcomes...
displayed 300 characters
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This should make the likelihood of a successful implementation of strategy possible. The strategy map is a visual framework which embeds the different items in an enterprise's balanced scorecard into a cause and effect chain, connecting desired outcomes with drivers of those results. Strategy maps let an organization describe and illustrate--in clear and general language--its objectives, initiatives, targets markets, performance measures, and the links between all the pieces of its strategy...
displayed 300 characters
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