Balanced Scorecard: Most Executives Are Unable to Take Balanced Scorecards From ...
From Business Wire (press release), CA ... Less than 20 percent of all typical companies have mature
balanced scorecard implementations in place that are generating business value, according to research ...
It is taking some time for balanced scorecards to be successfully deployed in industry. Exemplars have mature scorecards in place ...
... Less than 20 percent of all typical companies have mature balanced scorecard implementations in place that are generating business value, according to research from The Hackett Group, a business advisory firm and an Answerthink company (Nasdaq:ANSR). At their most effective, balanced scorecards can be powerful tools, providing concise, predictive, and actionable information about how a company is performing and may perform in the future, and world-class companies are 159 percent more likely than typical companies to have mature balanced scorecards in place, according to Hackett's 2004 Finance Book of Numbers research. ...
The Hackett Group (http://www.thehackettgroup.com), an Answerthink company, is a business advisory firm providing empirically based advice and best-practices research to executives seeking to drive world-class performance in areas such as finance, IT, human resources, and procurement. Hackett's functional and process-specific benchmarks and its confidential, on-demand, membership-based advisory services are backed by an ongoing database of best practices in processes, technology, and organization in use at more than 2,400 clients around the globe. This unparalleled information repository allows Hackett business advisors to provide data, advice, and strategic insight with a level of integrity and authority available nowhere else. As of this writing, Hackett clients comprise 93 percent of the Dow Jones Industrials, 80 percent of the Fortune 100 and 90 percent of the Dow Jones Global Titans Index.
Answerthink, Inc. (http://www.answerthink.com) is a strategic business and technology consulting firm that enables companies to achieve world-class business performance. By leveraging the comprehensive database of The Hackett Group, the world's leading repository of enterprise best practice metrics and business process knowledge, Answerthink's business and technology solutions help clients significantly improve performance and maximize returns on technology investments. Answerthink's capabilities include benchmarking, business transformation, business applications, business intelligence, and offshore application development and support. Founded in 1997, Answerthink has offices throughout the United States and in Europe and India.
Labels: balanced-scorecard, benchmark, class, lean-enterprise, transformation
