Connecting what you Do with what you want to Achieve
I have been consulting several clients lately, and I have discovered a pattern that I think is common in many companies.
The vision, the strategy, and the KPIs are well established and linked. But I seldom find the “plan – what to do” – included in the strategy management systems.
I often find that “Business planning” is a process that continues as usual and are not linked to the strategy. Often it is actually two separate processes. One process that gives the “direction” and the other separate process that contains the “execute” part.
A Balanced Scorecard that does not link the execution part with the objectives is a scorecard without “energy”. It cannot be executed. Make sure to do both – or leave it.