A Study on the Frame of Strategy Implementation Based on Balanced Scorecard
Luan Qing-wei
Abstract
Luan Qing-wei
Abstract
failure in realizing strategy,in most cases,is caused by defective strategy implementation.The main barriers to existing executive method are discussed in the paper.The executive process of strategy map is presented in detail-BSC deploys strategic objectives to driver factors of four perspectives by causal hypothesis,surpasses a method of business performance measurement and becomes a systematic frame of strategy implementation.And the method is objectively evaluated based on the analysis of relationship between BSC and the strategy.
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failure in realizing strategy,in most cases,is caused by defective strategy implementation.The main barriers to existing executive method are discussed in the paper.The executive process of strategy map is presented in detail-BSC deploys strategic objectives to driver factors of four perspectives by causal hypothesis,surpasses a method of business performance measurement and becomes a systematic frame of strategy implementation.And the method is objectively evaluated based on the analysis of relationship between BSC and the strategy.
Key concepts: Balanced scorecard, Strategy implementation, Process management, Strategy map, Frame (networking), Strategic management, Process (computing), Computer science