Balanced Scorecard Collaborative Creates `Balanced Scorecard Center of Excellence'.Business Editors LINCOLN, Mass. and DALLAS--(BUSINESS WIRE)--March 9, 2000 Group Led by Kaplan and Norton Forms Center of Excellence with Thomas Group Balanced Scorecard Balanced Scorecard A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced scorecard attempts to measure and provide feedback to organizations in order to assist in implementing Collaborative, Inc. (BSCol), today announced that it has established a Balanced Scorecard (BSC (Binary Synchronous Communications) See bisync. ) Center of Excellence(TM) with Thomas Group, Inc. (Nasdaq:TGIS TGIS Thank God It's Sabado (Philippine TV series in the 1990s) TGIS Temporal Geographical Information Systems TGIS Thank God It's Saturday TGIS Thank God I'm Single ). According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. company executives, this alliance will enable BSCol and Thomas Group to offer corporate level consulting and implement complex programs of change utilizing the highly regarded approach known as the Balanced Scorecard. "The Center of Excellence is intended for companies that wish to integrate their own subject matter expertise with the proven approaches of BSCol. The goal is to accelerate delivery of best-in-class implementations of the Balanced Scorecard in specific subject matter areas," said Dr. David P. Norton, president of Balanced Scorecard Collaborative. "We are pleased that Thomas Group, with their outstanding record of delivering significant financial results to clients through implementation of process change, is taking part in this program." Executives from Thomas Group, a leading consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a specializing in operational performance and implementation of strategic change, are confident this alliance will provide unmatched results for clients. "In building a Center of Excellence with BSCol, we will be able to align the operations change management programs with the strategy of the organization and help our clients use the Balanced Scorecard strategic management approach to drive significant business results," said J. Thomas Williams Thomas Williams may refer to:
Michael G. Contrada, executive vice president of Balanced Scorecard Collaborative, stresses that the Center of Excellence will support the BSCol's holistic vision of a measurement system tied to an organization's strategy. "Organizations that work with a Center of Excellence are assured that their professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. partner has integrated BSCol's best practice approaches into their offerings as the foundation of a strategic management process based on the Balanced Scorecard," said Contrada. As a BSC Center of Excellence, Thomas Group will adopt the best practices, methodologies and standards of BSCol to help their clients get results with the Balanced Scorecard. Thomas Group consultants will be trained and equipped and individually designated as a Balanced Scorecard Collaborative Certified See certification. Practitioner(TM). They will support best practices identified by the creators of the Balanced Scorecard concept, Drs. Robert Kaplan There are several notable individuals named Robert Kaplan, among them:
About the Balanced Scorecard The Balanced Scorecard (BSC) is a multidimensional mul·ti·di·men·sion·al adj. Of, relating to, or having several dimensions. mul  ti·di·men framework for describing, implementing and managing strategy at all levels of an enterprise by linking objectives, initiatives, and measures to an organization's strategy. The scorecard provides an enterprise view of an organization's overall performance by integrating financial measures with other key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. around customer perspectives, internal business processes, and organizational growth, learning and innovation. Since the concept was introduced in 1992, Balanced Scorecards have been implemented in corporate, strategic-business-unit, shared-service-function and individual levels at hundreds of private and public-sector organizations worldwide. About Thomas Group Thomas Group, Inc. (Nasdaq:TGIS) is a leading results-based consulting firm specializing in helping clients create fast companies and competitive environments. Thomas Group Resultants(sm) work on-site with client companies to analyze operations, and to develop and implement speed-based improvement strategies. Thomas Group has offices in Dallas, Detroit, Frankfurt, and Singapore. For more information, visit Thomas Group at www.thomasgroup.com. About Balanced Scorecard Collaborative Balanced Scorecard Collaborative, Inc. (BSCol) is a professional services firm that facilitates the worldwide awareness, use, enhancement and integrity of the Balanced Scorecard as a value-added management process. Founded and led by the creators of the Balanced Scorecard concept, Drs. Robert Kaplan and David Norton, BSCol provides a global center of Balanced Scorecard excellence through consulting, education, training, publishing, research and development. For more information, please call us at 781/259-3737, or visit us on the Web where you can join Balanced Scorecard On-line(TM) free for the latest insight and resources at www.bscol.com. Balanced Scorecard Center of Excellence, Balanced Scorecard Collaborative Certified Practitioner, and Balanced Scorecard On-line are trademarks of Balanced Scorecard Collaborative, Inc. All other products mentioned are servicemarks, trademarks, or registered trademarks of their respective companies. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion