Tool For Company-Wide Focus on Strategy

It is often stressed that ScoreCards are great tools for giving the Executive Team a window into all corners of company performance. But what may be overlooked is that ScoreCards are tremendously powerful tools for keeping the entire company focused on critical strategic and operational issues.

ScoreCards can be used in company meetings (e.g., middle management meetings, employee “all hands” meetings, Ops Reviews) to keep the spotlight on key issues, to celebrate progress, and to urge further effort in areas critical to company success.

Think about it for a minute: At the core of the ScoreCard is a Dashboard, containing the strategic “must do’s”, the key operations goals, and any critical problem areas the company faces. Each Dashboard metric links to a Drill-Down slide, focusing everyone on where we’ve been, where we are now, and where we’re headed, relative to our goals. Shared widely, ScoreCards align everyone on key goals on a regular basis, creating organizational focus. And ScoreCards become a great cause to celebrate when a measure that has been stubbornly red finally turns green! And a good morale raiser, too!