University of Wisconsin Hospital and Clinics (UWHC) had never suffered from a shortage of data sources. But the executives felt it wasn’t effectively using this data to make decisions—leading the university to seek a solution that would help it rise above the data confusion. With an automated dashboard system from ActiveStrategy, the UWHC has aggregated its data and can now focus on issues that will help move its strategy forward.
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The divide between strategy development and strategy execution can be overcome by creating balanced scorecards. Prioritize your objectives to determine which are most critical. Then cascade objectives and metrics down and across the organization, creating linked and related—but not identical—scorecards for each critical area. These and five other tips for scorecarding success will move you in the right direction.
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It’s not enough to develop a strategy for your enterprise; real success comes from effective execution of that strategy. Prioritization, improvement, and control are the key steps involved in enterprise strategy execution. But before leaping right into deployment, you might need a few more details. Learn how planning your objectives and fixing performance gaps gives you control of improvement gains—now and in the future.
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