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Strengths of Strategy Maps

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Jeswan SinghPS
3
Jeswan SinghPS
Engineer, Malaysia

Strengths of Strategy Maps

Strategy Maps are an excellent extension to the basic framework of the Balanced Scorecard (BSC) approach.
- Business strategy statements can be catchy, but line management are often searching for answers and appropriate data on the implementation and the translation to results of the strategy - this is where Strategy Maps (SMs) come into play.
- They facilitate further the value adding process of senior and line management.
- They provide direction and show the way for successful implementation of agreed Business strategy.

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Rating

  Baran Samandi
0
Baran Samandi
Manager, Iran
 

Strategy Map Strength

A strategy map displays only pure strategy to demonstrate the core business strategy to relevant stakeholders and managers.

  Dumitrescu Andrei
0
Dumitrescu Andrei, Romania
 

Pragmatic and Logic Way to Share the Vision

Strategy map is the most pragmatic and logic way to share the vision within an organization.
If this map is not structured this doesn't mean there is no vision so the organization can not have success.
Strategy map is a very important tool for communication within organization, everyone being able to understand, where are the company competences, how the resources are distributed and how the competitive advantage is supported.
Also the map is warning you when the strategy needs to be updated, which are the focal points to be considered and how these points are supporting each other.

 

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More on Strategy Maps
Summary Discussion Topics
topic Should the Strategy be Communicated? How Much? To Whom?
topic Managing Cross-Divisional Collaboration and Strategy Maps
🔥 How to Use a Strategy Map to Perform a Quick Strategy Check
topic Selection in Customer Perspective of Strategy Maps
topic Strategy Maps for Customer Service Organizations
topic Successful Cases of Strategy Maps
topic Are Balanced Scorecard and Strategy Map the Same?
topic Strategy Maps for Public Sector Organizations / Government
topic Synergy in Strategy Maps?
topic BSC or OKR?
topic Disadvantages / Problems with Strategy Maps
👀Strengths of Strategy Maps
Special Interest Group


More on Strategy Maps
Summary Discussion Topics
topic Should the Strategy be Communicated? How Much? To Whom?
topic Managing Cross-Divisional Collaboration and Strategy Maps
🔥 How to Use a Strategy Map to Perform a Quick Strategy Check
topic Selection in Customer Perspective of Strategy Maps
topic Strategy Maps for Customer Service Organizations
topic Successful Cases of Strategy Maps
topic Are Balanced Scorecard and Strategy Map the Same?
topic Strategy Maps for Public Sector Organizations / Government
topic Synergy in Strategy Maps?
topic BSC or OKR?
topic Disadvantages / Problems with Strategy Maps
👀Strengths of Strategy Maps
Special Interest Group
Knowledge Center

Strategy Maps



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