Strategy Implementation System by BSC Designer :: Overview

A stakeholder-centric strategy implementation system that features value-based decomposition and a strategy architecture focused on aligned scorecards.

Source: https://bscdesigner.com/strategy-system.htm

— Based on my 20 years of experience helping clients implement their strategies.

— While designed with BSC Designer users in mind, the system is software-agnostic.

1. Stakeholder Focus

Initiate the strategy journey by prioritizing stakeholders and understanding their strategic ambitions.

Source: https://bscdesigner.com/stakeholders.htm

2. Decomposition

Recognize that strategic ambitions are abstract and broad; break them into more manageable and specific components.

Source: https://bscdesigner.com/strategy-decomposition.htm

3. Frameworks

Employ an ecosystem of frameworks; start with strategy execution tools like OKRs or the Balanced Scorecard; integrate additional frameworks for strategy analysis and definition.

Source: https://bscdesigner.com/strategic-frameworks-comparison.htm

4. Goals

Goals that must align with stakeholders’ needs.

5. Initiatives

Action plans in various forms, including hypotheses and risk mitigation plans.

As a result of decomposition, we will have three key components: Goals, KPIs, Initiatives. Source: https://bscdesigner.com/strategy-system.htm

6. KPIs

Quantification of goals and initiatives, considering achieved results (quantified by lagging indicators) and success factors (quantified by leading indicators)

When executing strategy (updating KPIs, finalizing action plans, generating reports, reviewing dashboards):

7. Continuous learning

Compare the results with stakeholders’ expectations and plan strategy adjustments accordingly.

8. Strategy and functional scorecards

Use scorecards to organize goals, initiatives, and KPIs, incorporating both change-related (strategy scorecards) and supporting data (functional scorecards).

9. Strategy architecture.

Align multiple strategy and functional scorecards to adapt strategy to the complexity of the business environment. Use normalized goals (converted to %) or perspectives to connect scorecards.

Alignment by normalized goals or perspectives. Source: https://bscdesigner.com/cascading.htm

What’s new in the system?

How is this strategy implementation system different from what has been popularized so far?

— We emphasize the implementation of stakeholder-centric thinking at every step.

— We mandate strategy decomposition for vague and broad goals.

— We acknowledge the significance of business frameworks offering unique approaches to strategy decomposition.

We prioritize an ecosystem of frameworks, recognizing that a single framework cannot cover all aspects.

— We respond to the complexity of the business environment by shifting from a monolithic strategy architecture (a single strategy scorecard) to a strategy architecture based on aligned scorecards.

Discover links to free learning materials on the official system page.