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Newsletter - June 2009

» Newsletter June 2009

Newsletter - June 2009
A monthly update on Enterprise Performance Management

In this issue


	Paul's Article -Driving Focus & Alignment with the Balanced Scorecard

	Spotlight - Balanced Scorecard at StatoilHydro

	Cartoon Corner - What is in your company’s medicine bottle?

	Paul Niven launches book on Strategy - Roadmaps and Revelations: Finding the Road to Business Success on Route 101

Driving Focus & Alignment with the Balanced Scorecard

In this article, author, management consultant and Balanced Scorecard expert Paul Niven points out that measurement is at the heart of all organizational activity and a variety of performance measures are used to gauge success. However, measurement is in a deficient state today and is even among the weakest areas of management.

The article examines why this is so and finds the answers in the challenges that organizations face.

Paul R. Niven
Leading author and Management Consultant

Spotlight

Balanced Scorecard at
StatoilHydro

	Oil and gas giant StatoilHydro has a vision that its major support functions will be world-class
by 2012. In this abridged version of a case study that appears in the report - The Finance Function: Global Solutions for Global Challenges, senior executives from StatoilHydro describe how usage of the Balanced Scorecard is core to attaining that vision. The scorecard is StatoilHydro's core tool for aligning performance from the corporate level all the way down to the team level.

KPI Library

Key Performance Indicators

A source that provides an extensive library of Key Performance Indicators for perspectives and various industries.

	Agriculture
	General Contractors
	Construction

Cartoon Corner

What is in your company’s
medicine bottle?

In times where business environments are changing rapidly, it is important to choose the right medicine bottle for your company. Many companies pick the “budget medicine bottle” and believe that budgets and strict budget discipline will solve their problems. But strict budgets can destroy value creation.

More KPI Libraries

Paul Niven presents

"Roadmaps and Revelations: Finding the Road to
Business Success on Route 101"

Organizations around the globe log countless hours in pursuit of creating winning and sustainable strategies, yet research reveals that less than half of all executives are pleased with the strategic planning process, and less than a quarter of companies use their strategic plans to make major strategic decisions. With so much at stake, it’s vital for the strategic planning to produce results that are actually used in

making key decisions. In his new book, and first management fable, Performance Management expert Paul R. Niven tackles the vexing subject of strategic planning, and offers a simple yet robust framework that allows all organizations to create strategies that are easy to understand and promote alignment from top to bottom.

News & Events

The Common Assessment Framework and the Balanced Scorecard
June 17 - 19, 2009
Location - The Netherlands

Balanced Scorecard
June 23 - 25, 2009
Location - Bahrain

The Balanced Scorecard: Achieving Performance Excellence
July 12 - 16, 2009
Location - Kuala Lumpur

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