Summary
The guidelines given in this chapter are based on our analysis of the scorecard experiences of hundreds of organizations. To summarize the best practices presented in this chapter:
Ensure that there is a tie between the scorecard system and the overall strategy of the organization.
Align employee performance evaluation measures with scorecard measures.
Link the compensation and reward systems (eventually) to the scorecard system, if it is appropriate to your organizational culture.
Implement the system pervasively, but in phases.
Make sure your cost management system can adequately support the scorecard system.
Err on the side of tracking fewer measures (you can always add more as needed).
Balance the scorecard's measures (financial versus nonfinancial, leading versus lagging).
Choose financial measures wisely; they are still very important.
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