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Alignment: using the balanced scorecard to create corporate synergies by Robert S. Kaplan, David P. Norton

Alignment: using the balanced scorecard to create corporate synergies Robert S. Kaplan, David P. Norton ebook
Page: 302
ISBN: 1591396905, 9781591396901
Publisher: Harvard Business Press
Format: pdf

Kaplan and Norton (2001a) discuss alignment in terms of synergies created between business units and the corporate headquarters. The literature review will be based on the research into alignment of business and IT strategies. Alignment: Using the Balanced Scorecard to Create Corporate Synergies The authors initiate with a splendid fable: General Alignment: Using the Balanced Scorecard. The balanced scorecard has four interrelated perspectives Kaplan and Norton (1996) which are used in a cause and effect relationship to align strategy. Engaging in a strategic planning Both the NLC and the subcommittees (Figure 4) will be aligned with other corporate committees to ensure synergies to leverage nursing in achieving SMH's corporate goals. Synergy means that the whole is greater than the sum of the individual .. The fourth book, Alignment, described principle #3, how to create and capture corporate synergies through vertical and horizontal alignment of business and support units. In March 2004, a small group was assembled (co-chairs of the Nursing Council, chief nurse executive and two healthcare consultants) to develop the planning process (Figure 1). Alignment: Using the Balanced Scorecard to Create Corporate SynergiesMost organisations consist of multiple business and support units, each populated by highly trained, experienced executives. Date Wednesday, January 7 Companies need a formal process for using strategic objectives to set priorities for where operational improvements can have the largest impact on strategy execution. The use of judgmental anchors or reference points in valuing corporations affects several basic aspects of merger and acquisition activity including offer prices, deal success, market reaction, and merger waves. Via a detailed description of the successful strategic alliance between Solvay Pharmaceuticals Inc. There is one day left until the start of the Balanced Scorecard & Strategy Summit held in Dubai, at The Address Hotel, Dubai Marina, between 16-21 March 2013. And Quintiles company how the creation of a strategy map and Balanced Scorecard helps align the separate interests of alliance partners into a coherent joint strategy. Strategy Execution and the Balanced Scorecard.