Balanced Score Card and Theory Of Constraints

"One approach to [measuring business performance] is called 'balanced scorecard'.

This proposed solution falls into the trap of trying to measure many, many things. It violates the objective… that when we measure many things, there will be some things that will look good and others that look bad.

Depending upon the management style of the people involved, management can always find something to find fault with employees.

With TOC (Theory of Constraints), we're interested in ongoing improvement. We aren't interested in measuring what is going well as much as we are interested in measuring what can be improved."

From Dr Lisa Max Profit.

Originally posted 2009-01-25 16:59:33.

Related posts:

TenStep for Project and Process Management Resources I recently discovered an amazing resource site for project and process management called TenStep. From the TenStep site. All organizations...
How to write faster and get more done If you have managerial responsibilities as well as copywriting projects like I do, this information will make a big difference....
The Career Troika This blog site is gradually evolving into wider aspects of business. It started from Copywriting and basic Online Marketing. Considered...
Forrester Research Shows Trends For Online Marketers Forresterâs June 2009 study revealed the following primary conclusions: A network of best of breed technologies â what Forrester calls...
Strategy versus Tactics Strategy is of paramount importance yet apparently difficult for most managers to clearly explain or understand. The common view of...

Possibly related from other sites:

Customer Relationship Management Software Customer Relationship Management Software also known as CRM is software that allows a company to manage their relationships with their...
Paying off Debt in 9 Steps pt 1 Throwing away your bills and shredding your credit card payment reminders simply is not going to make the problem go...
List Of 0% Interest Balance Transfer Cards. I know some of you do what is called "Credit Card Arbitrage", where you invest the money from 0% interest...
How to Trim Your High Interest Credit Card Debt Credit card debt is awful, but high interest credit card debt can really strangle a family’s budget. Having a lot...
Where To Find Money To Start Your Own Business. When looking for money to start a business, you have plenty of options to check out. Of course, not all...