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Operational Excellence

Balanced Scorecard Approach

Balanced Scorecard is a management tool which helps to translate strategy into action and strengthens the implementation process through a coherent set of performance measures.

  • It covers both financial and non financial initiatives
  • Links them together towards the defined goal by focusing on measurable, purposeful actions.
  • Provides a transparent framework for both the management and the team to track the progress as they go along.

Qualtran has the expertise to help organizations implement the Balanced Scorecard approach, which is built around four perspectives :

We work together with our clients through a series of meetings and workshops focused on :

  • Defining the strategic objectives of the Division
  • Proposing the potential measures and their drivers
  • Setting stretched and quantitative targets for the outcome measures
  • Preparing a set of Initiatives linked to achievement of the agreed objectives
  • Ensuring Alignment through effective communication program, adequate Resource Allocation, a well linked Reward system and MIS support