Balanced Score Card – You get what you SEE, rather how you see it!!
Balance Scorecard (BSC) is no new term. Many organizations have tried, some are still trying or wanting to try while you read this. 710 more words
KPIs, or key performance indicators help organizations achieve organizational goals through the definition and measurement of progress. The key indicators are agreed upon by an organization and are indicators which can be measured that will reflect success factors. 52 more words
When you’re just starting out in the nonprofit sector, trying to launch your own start up, budget and expenses will always be on the radar. Actually when you’re in the nonprofit sector, budget and expenses is a permanent dot on your radar, no matter how seasoned a professional you are or how long your organization has been in existence. 594 more words
I know what you’re thinking. “We don’t even have 20 employees, so why do we need a management system?” You might be thinking this because you previously worked for a larger company and one of the things you hated was death-by-meetings, decision-making red tape and excessive processes/procedures. 1,143 more words
It’s a necessary element of your business plan and pitch deck. It’s a question you’ll get asked all the time by investor prospects. And it’s something you’ll find yourself defending, even if much of the underlying data and assumptions didn’t come from you. 1,331 more words
The answer is 100% – anything we map out as a plan for the future will be characterized by risk and uncertainty.
We can quantify risk but under many scenarios the only thing we can say about uncertainty is it will always be on the horizon. 278 more words