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Using the Balanced Scorecard as a Strategic Management System (The Four…
Using the Balanced Scorecard as a Strategic Management System
The Four Processes that bind short-term activities to long-term objectives
Translating the Vision
Bueno Ventures Vision is to support over $100 million dollars in Capital Investments with an ROI of 4:1 by the end of 2025
Communicating and Linking
Cascading Scorecards between Bueno Ventures and Invested Businesses
Business Planning
Strategic Planning
Budget Planning Meeting
Business Plan Development, Execution meetings, and Evaluation meetings
Feedback and Learning
Monthly Performance Reviews
Quarterly planning meetings
Biannual Strategic Planning Discussions
Financial Perspectives
Revenue
Profit
Return on Capital
Growth % YOY
Internal Business Process Perspective
Product Development Completion Rate
Marketing Plans
Beta Test Feedback
Accounting Audits
Customer Perspective
Customer Retention
Customer Feedback
Referrals from Current Clients to New Clients
Learning and Growth Perspective
Individual Professional Dev Plans
Continuing Education Credits Completed
Onboarding, First 90 days, and First Year Plans