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» Newsletter December 2008
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| Newsletter - December 2008 |
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| A monthly update on Enterprise Performance Management |
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Paul's Article -
Why Nonprofits Need a
Balanced Scorecard |
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Spotlight - The United States
Postal Service (USPS) |
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Cartoon Corner - What words
are you using in your
strategy plan?
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Why Nonprofits Need a Balanced Scorecard |
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In this article, author, management consultant and Balanced Scorecard expert Paul Niven argues that there is great pressure on nonprofit organizations to build new and improved performance measurement systems so that they can deliver transparency and accountability that is being demanded. The Balanced Scorecard can be the system that provides real insights into a nonprofit's operations and helps it focus on performance and strategy implementation. While many nonprofits have recognized the inherent benefits of the Balanced Scorecard, there is a reluctance to embrace the tool. |
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Paul R. Niven
Leading author and Management Consultant |
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Spotlight |
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The United States Postal
Service (USPS) |
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The US Postal Service has over 700,000 employees and delivers 212 billion pieces of |
| mail annually to over 144 million destinations. Surprisingly, the strategic performance of such a huge organization is managed through a corporate Balanced Scorecard with only five goals and 10 measures. The USPS Strategic Planning team believes that the sheer size of the organization required the articulation of the fewest possible objectives, so that things are kept simple. |
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KPI Library |
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Key Performance Indicators |
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| A source that provides an extensive library of Key Performance Indicators for perspectives and various industries. |
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Cartoon Corner |
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What words are you using in your
strategy plan? |
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| I read a lot of strategy documents and most of them are written using common language. Words like the best, outstanding, leading, world class, and international have different meaning to different people. |
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| News & Events |
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ASMI (American Strategic Management Institute) Budgeting and Forecasting Masters 2009 - Implement and Manage a Balanced Scorecard-Based Budget
January 10 - 11, 2009
Location - San Diego, CA
PMA 2009 - The Sixth International Conference on Theory and Practice in Performance Measurement
April 5 - 8, 2009
Location - Wellington, New Zealand
PMA 2009 Conference
April 14 - 17, 2009
Location - Dunedin, New Zealand |
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We welcome your feedback and contributions, please contact us at
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Copyright 2008, EPM Review.
All rights reserved. Company names and logos used in this site may be trademarks of their respective owners. |
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