Las Vegas, Nevada. His talk focused on how to conduct effective business reviews using Balanced Scorecards. He also demonstrated how ActiveStrategy Balanced Scorecard software improves these reviews.
East Norriton, PA October 30, 2007 -- Jeffrey Bunting, President and Founder of ActiveStrategy, Inc. (http://www.activestrategy.com/strategy_execution/balanced_scorecard_basics.aspx) -based performance management system when he spoke on October 29th, 2007 in Las Vegas, Nevada.
The Balanced Scorecard is a business management framework that helps organizations put strategic plans into action. The framework has been around since the early 1990s and enjoys wide
usage. However, many organizations continue to struggle with ways to achieve ongoing results from the management tool.
During his presentation, Mr. Bunting described how properly structured business reviews are the most effective way to drive results from a Balanced Scorecard. He explained that these
reviews should be frequent, structured events. The business reviews should focus on discussing specific areas of the Scorecard that are not meeting performance targets.
Mr. Bunting described patterns of questions that help an organization focus on the true root causes of performance problems. He showed an example of this "line of questioning" that makes
Balanced Scorecard-based business reviews particularly effective. These types of business reviews are so successful because they tie the Scorecard to ongoing performance improvement
activities, ensure focus on the current business strategies, and reinforce accountability for performance.
In addition to instructing conference attendees on the ways to implement successful business reviews, Mr. Bunting showed how ActiveStrategy Enterprise software (www.activestrategy.com.