In today’s turbulent business environment, the ability for organisations to nimbly manage strategic change has become a pre-requisite to stay ahead in the competition. Yet, research shows that most companies fail to execute strategy successfully. The reason being many companies continue to use management processes – top-down, financial driven and tactical – that were designed to run yesterday’s organisations.

To win, your organisation must strive towards becoming Strategy Focused, one that is able to translate the strategy formulated by the top management into actions by those at the bottom level who implement it rapidly and effectively – Top-down, bottom-up strategy approach.

Research indicates, however, that less than 5% of the typical workforce responsible for executing the strategy understand what the strategy is.

So how do you then align the thinking and ability to execute the strategy from the top-down management to bottom-up (implementers) approach. In other words how to make strategy everyone’s, everyday job.

The Balanced Scorecard fills the void that exists in most management systems - the lack of a systematic process to implement and obtain feedback about strategy from the bottom level. It links goals and resources and gives the board and its management a central organizing framework for effective corporate governance.

The Balanced scorecard shows how managers can use this revolutionary tool to mobilise their staff to fulfill the organisation’s mission. The balanced Scorecard is more than just a measurement system. It is a management system that can channel the energies, abilities and specific knowledge held by staff throughout the organisation toward achieving long-term strategic goals.