The Performance Prism
The Scorecard for Measuring and Managing Business Success
Mike Kennerley, Chris Adams,
Andy Neely
In Detail
Understand better what is
happening inside your business and identify the real improvement priorities.
"You get what you
measure," says the old adage. But is your organisation getting what it needs from its
existing performance measurement system?
Many organisations have tried
various scorecarding approaches, but have found that they didn't deliver what they
wanted. Others have found that 1990s frameworks are inadequate for today's increasingly
complex business environment of multiple priorities and stakeholders.
Apart from shareholders and
customers, several other stakeholders have a vital role to play today such as
employees, intermediaries, suppliers, alliance partners, regulators and communities.
Stakeholder relationship management is the key to successfully navigating the many
pitfalls of managing in this new and rapidly evolving climate.
The Performance Prism
presents an innovative and practical solution to this phenomenon and provides the
answers to contemporary managing-with-measures challenges. It puts key stakeholders, and
managing the organisation's relationship with each of them, centre stage with a novel
framework. And, unlike some other approaches to the subject, it provides a level of
granularity that allows you to implement it successfully.
Just another management
theory? On the contrary, the authors - from Cranfield School of Management's Centre
for Business Performance explain what you need to do, why it needs to be done, and
how to do it, illustrated with many examples of both best and worst practice.
392 +CD