Planning teams and boards of directors to focus primarily on the development of the strategy, not actually implement it. Here is a technique that they can use to incorporate the introduction to the planning process, rather than deal with them after the strategy was approved. With the scorecard strategy, they can determine the desired results and the measures that are part of a formal strategic plan of the company. Given such measures at the planning stage is not only the individual and department performance for the strategy, it also gives advice to more clearly define the role of the strategy. "Hide
by Julie I. Siciliano Source: Business Horizons 6 pages. Publication Date: 15 November 2002. Prod. #: BH082-PDF-ENG