--- title: Balanced Scorecard and Strategic Planning Guidance description: Balanced Scorecard advice, best practices, and insights from the originators of the Balanced Scorecard Methodology --- {% set baseFontFamily = "Open Sans" %} /* Add the font family you wish to use. You may need to import it above. */ {% set headerFontFamily = "Open Sans" %} /* This affects only headers on the site. Add the font family you wish to use. 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Is Your Strategy Where You Want it to Be?](https://www.esmgrp.com/blog/2023-is-half-over-is-your-strategy-where-you-want-it-to-be) ## [OKRs and the Balanced Scorecard are a Match Made in Heaven](https://www.esmgrp.com/blog/okrs-and-the-balanced-scorecard-are-a-match-made-in-heaven) ## [6 Steps to Optimizing Loss Prevention Programs with a Scorecard](https://www.esmgrp.com/blog/6-steps-to-optimizing-your-loss-prevention-program-with-a-scorecard-solution) ## [Five Reasons to Leverage a Scorecard System for Retail Loss Prevention](https://www.esmgrp.com/blog/five-reasons-to-leverage-a-scorecard-system-for-retail-loss-prevention) ## [Examples of Strategic Initiatives:](https://www.esmgrp.com/blog/example-of-strategic-initiatives) ## [How the Strategy Execution Process Works in a Healthcare Setting](https://www.esmgrp.com/blog/how-the-strategy-execution-process-works-in-a-healthcare-setting) ## [Understanding the Healthcare Strategic Implementation Process](https://www.esmgrp.com/blog/understanding-the-healthcare-strategic-implementation-process) ## [How to Get Your Employees to Understand and Execute Your Strategy](https://www.esmgrp.com/blog/how-to-get-your-employees-to-understand-and-execute-your-strategy) ## [5 Strategic Planning Best Practices in Hospital Management](https://www.esmgrp.com/blog/5-strategic-planning-best-practices-in-hospital-management) ## [Why our strategy failed (and how we fixed it)](https://www.esmgrp.com/blog/why-our-strategy-failed) ## [Status Color Guidelines for Balanced Scorecards](https://www.esmgrp.com/blog/status-color-guidelines-for-balanced-scorecards) ## [Re-Balance your Strategy and Think Opportunistically in the COVID ERA](https://www.esmgrp.com/blog/rebalance-strategy-covid-blog) ## [Managing Strategy and Risk in a Crisis is More Important than Ever](https://www.esmgrp.com/blog/managing-strategy-and-risk-in-a-crisis-is-more-important-than-ever-what-you-should-do-right-now) ## [Mapping the Strategic Planning Process in Healthcare](https://www.esmgrp.com/blog/mapping-the-strategic-planning-process-in-healthcare) ## [Why the Balanced Scorecard is Just as Effective for SMB](https://www.esmgrp.com/blog/why-the-balanced-scorecard-is-just-as-effective-for-small-and-medium-sized-businesses) ## [Aligning Support Functions](https://www.esmgrp.com/blog/aligning-support-functions) ## [Running a Strategy Review Meeting (SRM)](https://www.esmgrp.com/blog/running-a-strategy-review-meeting-srm) ## [Strategy Fails Without Leadership](https://www.esmgrp.com/blog/strategy-fails-without-leadership) ## [Initiative Management Done Right](https://www.esmgrp.com/blog/initiative-management-done-right) ## [What Does Successful Strategy Execution Look Like? (Part 2)](https://www.esmgrp.com/blog/successful-strategy-execution-part-2) ## [What Does Successful Strategy Execution Look Like? (Part 1)](https://www.esmgrp.com/blog/successful-strategy-execution-part-1) ## [The Strategy Review Meeting](https://www.esmgrp.com/blog/the-strategy-review-meeting) ## [The Simplified Approach To Cascading The Balanced Scorecard Today](https://www.esmgrp.com/blog/the-simplified-approach-to-cascading-the-balanced-scorecard-today) ## [Recommendations For A Refreshed Approach To The Balanced Scorecard](https://www.esmgrp.com/blog/recommendations-for-a-refreshed-approach-to-the-balanced-scorecard) ## [Complex Balanced Scorecards Work Against Success](https://www.esmgrp.com/blog/complex-balanced-scorecards-work-against-success) ## [Strategy Formulation Without Execution Is But A Wish](https://www.esmgrp.com/blog/strategy-formulation-without-execution-is-but-a-wish) ## [4 Healthcare Strategy Tips to “Make Strategy Everyone’s Job”](https://www.esmgrp.com/blog/4-healthcare-strategy-tips-to-make-strategy-everyones-job) ## [Determining Your KPI Meaning in Healthcare Settings](https://www.esmgrp.com/blog/determining-your-kpi-meaning-in-a-healthcare-setting) ## [Initiative Management in the Healthcare Sector: How to Make it Better](https://www.esmgrp.com/blog/initiative-management-in-the-healthcare-sector-how-to-make-it-better) ## [6 Business Strategy Examples For Healthcare](https://www.esmgrp.com/blog/6-business-strategy-examples-for-healthcare) ## [4 Objectives and Key Results Examples for Health Professionals](https://www.esmgrp.com/blog/4-objectives-and-key-results-examples-for-health-professionals) ## [Using a Risk Breakdown Structure in Healthcare](https://www.esmgrp.com/blog/using-a-risk-breakdown-structure-in-healthcare) ## [12 Employee Evaluation Examples For Healthcare Directors](https://www.esmgrp.com/blog/12-employee-evaluation-examples-for-healthcare-directors) ## [Get buy-in or what you want won’t happen](https://www.esmgrp.com/blog/get-buy-in-or-what-you-want-wont-happen) ## [Step by Step KPI Development and Selection](https://www.esmgrp.com/blog/kpi-development-and-selection) ## [Why Ditch Traditional Performance Reviews?](https://www.esmgrp.com/blog/traditional-performance-reviews-are-worse-than-filing-taxes-01) ## [Discover A More Effective Employee Evaluation Process Using Technology](https://www.esmgrp.com/blog/more-effective-employee-evaluation-process-using-technology-0) ## [Initiative Management: How to Make it Better](https://www.esmgrp.com/blog/initiative-management-how-to-make-it-better) ## [Reasons KPI Reporting is Crucial for Healthcare Management](https://www.esmgrp.com/blog/reasons-kpi-reporting-is-crucial-for-healthcare-management) ## [Tips for Communicating Strategy to Your Entire Organization](https://www.esmgrp.com/blog/tips-for-communicating-strategy) ## [A BSC Approach to Employee Performance Reviews](https://www.esmgrp.com/blog/bsc-steps-to-employee-performance-review) ## [The evolution of the strategic planning process](https://www.esmgrp.com/blog/strategic-planning-process-evaluation) ## [Government KPI Management: What Should You Measure?](https://www.esmgrp.com/blog/government-kpi-mgmt) ## [Strategy software is a key enabler to the strategic planning process](https://www.esmgrp.com/blog/strategic-planning-software-1) ## [Enhance performance with a solid strategy review agenda](https://www.esmgrp.com/blog/tips-strategy-meeting-agenda) ## [Bridging the Communication Gap in Strategy Execution](https://www.esmgrp.com/blog/bridging-the-communication-gap-in-strategy) ## [An updated approach to strategic alignment](https://www.esmgrp.com/blog/cascading-business-strategy-and-measure-kpis) ## [Desired Organizational Outcomes Start with your People](https://www.esmgrp.com/blog/foundational-bsc-perspectives-to-drive-outcomes) ## [Establishing Processes to Reach your Strategic Destination](https://www.esmgrp.com/blog/reaching-your-strategic-destination) ## [The Updated Balanced Scorecard Approach](https://www.esmgrp.com/blog/the-updated-balanced-scorecard-approach) ## [How to Set KPI Baselines](https://www.esmgrp.com/blog/how-to-set-kpi-baselines) ## [3 Key Tips to Implementing Balanced Scorecard Software](https://www.esmgrp.com/blog/3-things-to-remember-when-implementing-the-balanced-scorecard) ## [3 Questions to Consider Before Implementing BSC Software](https://www.esmgrp.com/blog/3-questions-to-ask-yourself-before-implementing-balanced-scorecard-software) ## [Why your Balanced Scorecard needs qualitative analysis](https://www.esmgrp.com/blog/why-your-balanced-scorecard-needs-qualitative-analysis) ## [Why connect Personal Balanced Scorecards and employee reviews](https://www.esmgrp.com/blog/how-to-connect-personal-balanced-scorecards-and-employee-reviews) ## [Board Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-board) ## [IT Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-it) ## [Bank Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-bank) ## [Travel Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-travel) ## [Business Finance Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-finance-division) ## [Insurance Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-insurance) ## [Banking Strategy Map: Business Banking Division](https://www.esmgrp.com/blog/strategy-map-example-business-banking-division) ## [Pharma Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-pharma) ## [IT Department Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-it-department) ## [Health Clinic Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-clinic-health-systems) ## [HR Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-human-resources) ## [Nursing Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-nursing) ## [Distribution Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-oil-distribution) ## [Finance Department Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-finance-department) ## [Strategy Map Example 11: Health and Life Sciences](https://www.esmgrp.com/blog/strategy-map-example-health-and-life-sciences) ## [Financial Strategy Map Example: Enterprise](https://www.esmgrp.com/blog/strategy-map-example-financial-corporation-enterprise) ## [Insurance Strategy Map Example: Mutual Insurance](https://www.esmgrp.com/blog/strategy-map-example-mutual-insurance) ## [Corporate Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-corporation) ## [Consumer Success Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-customer-success-factors) ## [Why Your Employees Don't Care About Your Strategy](https://www.esmgrp.com/blog/why-you-need-employee-reviews-to-connect-to-strategy) ## [Software Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-software) ## [Communications Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-communications) ## [Advertising Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-advertising) ## [Retail Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-retail) ## [Community Banking Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-2) ## [Media Strategy Map Example](https://www.esmgrp.com/blog/strategy-map-example-media) ## [Don't let TIME be the enemy of strategic planning!](https://www.esmgrp.com/blog/strategic-planning-fast-track) ## [How to fix your Key Performance Indicators](https://www.esmgrp.com/blog/kpis-are-not-projects) ## [KPI Examples in PowerPoint](https://www.esmgrp.com/blog/kpi-examples-in-powerpoint) ## [Don't stop at annual KPI targets](https://www.esmgrp.com/blog/dont-stop-at-annual-kpi-targets) ## [5 things to consider when choosing Balanced Scorecard Software](https://www.esmgrp.com/blog/5-things-to-consider-when-choosing-balanced-scorecard-software) ## [Strategic Initiatives: Where the rubber meets the road](https://www.esmgrp.com/blog/strategic-initiatives-where-the-balanced-scorecard-becomes-real) ## [Strategic planning and Innovation](https://www.esmgrp.com/blog/strategic-planning-and-innovation) ## [What baseball teaches us about leading and lagging indicators](https://www.esmgrp.com/blog/what-baseball-teaches-us-about-leading-and-lagging-indicators) ## [A Definitive Balanced Scorecard Guide to Strategic Initiatives](https://www.esmgrp.com/blog/the-definitive-balanced-scorecard-guide-to-create-strategic-initiatives) ## [What is a Strategic Initiative?](https://www.esmgrp.com/blog/what-is-a-strategic-initiative) ## [Common mistakes when evaluating Balanced Scorecard software](https://www.esmgrp.com/blog/common-mistakes-made-when-evaluating-balanced-scorecard-software) ## [How often should you review your strategic initiatives?](https://www.esmgrp.com/blog/how-should-you-review-your-strategic-initiatives) ## [Common Misconceptions of Strategic Initiatives](https://www.esmgrp.com/blog/common-misconceptions-of-strategic-initiatives) ## [What are the key characteristics of effective strategic initiatives?](https://www.esmgrp.com/blog/what-are-the-key-characteristics-of-effective-strategic-initiatives) ## [Why is having a personal balanced scorecard key in business strategy?](https://www.esmgrp.com/blog/why-is-having-a-personal-balanced-scorecard-key-in-business-strategy) ## [8 Best Practice Public Sector KPI Examples](https://www.esmgrp.com/blog/8-best-practice-public-sector-kpis) ## [3 easy steps to choose your Balanced Scorecard measures](https://www.esmgrp.com/blog/3-easy-steps-to-follow-to-successfully-choose-your-bsc-measures) ## [Ensuring your strategy management system gets the traction it deserves](https://www.esmgrp.com/blog/why-do-some-strategy-management-systems-fail) ## [Best Practices for Managing Strategy Review Meetings](https://www.esmgrp.com/blog/best-practices-for-managing-strategy-review-meetings) ## [Four Tips to Improve your Healthcare Strategy](https://www.esmgrp.com/blog/four-tips-to-improve-your-healthcare-strategy) ## [Four Best Practice Agenda Items for Strategy Review Meetings](https://www.esmgrp.com/blog/four-best-practice-agenda-items-for-strategy-review-meetings) ## [How often should you have strategy review meetings?](https://www.esmgrp.com/blog/strategy-review-meeting-frequency) ## [3 Tips to Improve Your Strategy Review Meetings](https://www.esmgrp.com/blog/3-tips-to-improve-your-strategy-review-meetings) [![Download your Balanced Scorecard Template](https://no-cache.hubspot.com/cta/default/2256723/faca5081-0dbb-48b2-9dd6-4211e6320adb.png)](http://cta-redirect.hubspot.com/cta/redirect/2256723/faca5081-0dbb-48b2-9dd6-4211e6320adb) ### Share This [![Share on 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