blog.paulniven.com
Paul's Blog » The Power of Leading Indicators – As Important As Ever
http://blog.paulniven.com/blog/2011/06/16/the-power-of-leading-indicators-as-important-as-ever
Paul Niven's Blog. The Power of Leading Indicators – As Important As Ever. Recently I came across a novel, but entirely relevant and modern, application of leading indicators in the television advertising industry. Historically the popularity of TV shows has been measured by simply counting viewers, with the venerable Nielsen ratings constituting the industry measurement standard. Advertisers with the means would naturally gravitate towards the programs with the highest number of viewers. A performance m...
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Paul's Blog » The Offshoring Balanced Scorecard
http://blog.paulniven.com/blog/2012/08/27/the-offshoring-balanced-scorecard
Paul Niven's Blog. The Offshoring Balanced Scorecard. In many cases, the answer is no. AMR Research discovered that 56% of companies moving production offshore experienced an increase in total landed costs, and a 2010 Ernst and Young survey of CEOs found that more than a third stated the overall costs of entering high-growth markets like Brazil, India, and China were higher than expected. Employee Learning and Growth Perspective:. Offshoring is often undertaken based on the promise of a skilled and motiv...
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Paul's Blog » Beware the “Best”
http://blog.paulniven.com/blog/2010/12/03/beware-the-best
Paul Niven's Blog. Beware the “Best”. I’ve been in the ‘business world’ in some form or fashion now for close to thirty years first as a student (graduating in 1986), then through my corporate career with an accounting firm, a manufacturing company, and a utility. The past twelve years have been spent writing and consulting on strategy and its execution with the Balanced Scorecard. Back in 1982 when I began my university business studies all the ‘cool kids’ in class were toting copies of. To follow blind...
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Paul's Blog » Fortifying Your Financial Perspective
http://blog.paulniven.com/blog/2012/05/31/fortifying-your-financial-perspective
Paul Niven's Blog. Fortifying Your Financial Perspective. Most private sector organizations operating in a competitive environment consider results from the Financial perspective to represent the ultimate arbiter of absolute success. The key word in that last sentence is absolute. The measures they employ provide an outstanding view of the company’s. Michael Porter reminds us repeatedly that. Competitive advantage is a relative concept. Boston, MA, Harvard Business Review Press, 2012). Paul R. Niven ...
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Paul's Blog » How to Fix Strategic Planning
http://blog.paulniven.com/blog/2011/03/24/how-to-fix-strategic-planning
Paul Niven's Blog. How to Fix Strategic Planning. Research suggests that strategic planning is perhaps the most widely used managerial tool, with close to 90 percent of all organizations developing plans. However, McKinsey recently noted that less than half of organizations are pleased with the strategic planning process, and under a quarter make major decisions within its borders. There is little doubt that for many firms, the strategic planning process is broken. But why is that? I define strategy as T...
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Paul's Blog » Hyundai Attempts to Pursue Two Value Propositions – Can They Manage the Transition?
http://blog.paulniven.com/blog/2010/11/03/hyundai-attempts-to-pursue-two-value-propositions-can-they-manage-the-transition
Paul Niven's Blog. Hyundai Attempts to Pursue Two Value Propositions – Can They Manage the Transition? In my strategic planning fable. One of the four fundamental strategy questions I offer to readers is. How do you sell. What did you think of when you saw the word Hyundai? Why is Hyundai jumping into the luxury market and competing directly with companies that possess decades of experience and success in the market? Mike Ramsey, Can Hyundai Sell Pragmatic Prestige? Wall Street Journal, September 20, 2010.
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Paul's Blog » How agile is your strategy?
http://blog.paulniven.com/blog/2011/04/05/how-agile-is-your-strategy
Paul Niven's Blog. How agile is your strategy? I have been philosophizing over this question for a long time. As a manager of a software company I am thinking of our annual plans and how we are going to execute our strategy. Is it possible to update the strategy more than once a year? What about every half year, or even quarterly or every month? What really determines when to update your strategy and try something really different? Is it the calendar? Or is it some other factors? Balanced Scorecard: Step...
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Paul's Blog » A Report from the Dubai Balanced Scorecard Forum
http://blog.paulniven.com/blog/2011/04/11/a-report-from-the-dubai-balanced-scorecard-forum
Paul Niven's Blog. A Report from the Dubai Balanced Scorecard Forum. Last week I had the great pleasure to speak at the 2011 Balanced Scorecard Forum in Dubai. It was my first trip to the Emirates and thus my first direct exposure to the business environment in that corner of the world. Going into the event I was very curious about the state of the BSC in the Middle East was it embraced by private and public sector organizations? The answer to all of these questions was a rousing yes. Balanced Scorecard ...