![]() Balanced Scorecard strategic analysis can help Ockham Split managers in understanding the relationship between activites and take the systems approach rather than the local optimization approach. Slicing Pie with a Razor: Ockham Technologies' Founding Agreement case study provides a strategic dilemma for the protagonist. ![]() Why is it called a Balanced Scorecard? How Balanced Scorecard is Useful?Ĭompanies generally fail at implementing a strategy or managing operations because they lack an overarching management system to integrate and align these vital processes.īalanced Scorecard analysis of Ockham Split is a comprehensive effort to integrate and align strategy and operations. Leaders at Ockham Split can use Balanced Scorecard strategic tool to build sustainable competitive advantage by better understanding the relationship among - financial resources, internal processes, customer preferences, and operations management in Ockham Split’s overall strategy. The Balanced scorecard is an integrated approach to assesses performance of business strategy and how changes can be made in the areas such as – financial objectives and goals, customer preferences and choice architecture, operations management and supply chain bottleneck resolutions, and organizations learning ability and capacity buildingīalanced Scorecard is a resource focused strategic analysis tool. Balanced Scorecard Analysis, case solution, Balanced Scorecard Solution. Balanced Scorecard also provides a base to build a metrics framework that is aligned and consistent.ĮMBA PRO immersive learning methodology from – case study discussions to simulations tools help MBA and EMBA professionals to - gain new insight, deepen their knowledge of the Innovation & Entrepreneurship field. ![]() Kaplan and Norton approach to organization performance is – “What you measure is what you get”. Norton in their January – February 1992, Harvard Business Review article titled – “The Balanced Scorecard-Measures that Drive Performance”. The Balanced Scorecard approach was first proposed by Robert S. Related Areas : Collaboration, Conflict, Disruptive innovation, Diversity, Labor, Leading teams, Operations management, Product development, TechnologyĮMBA Pro Balanced Scorecard Analysis Approach to Slicing Pie with a Razor: Ockham Technologies' Founding Agreement Case Study What should they include in the agreement, and how should they structure their equity split?Ĭase Authors : Noam Wasserman, Yael Braid But as Ockham entered its initial phase of product development, pressure began mounting for the team to discuss and finalize a founding agreement. The trio had provided the seed capital of $150,000, contracted a development team to build their product, garnered serious interest from a potential investor, and readily agreed on their roles within the company (Jim was CEO, Ken was COO, and Mike was Head of Product Management). Each founder had contributed significantly to bringing the Ockham concept to life. Soon they recruited a third member, Mike Meisenheimer, to lead product development. Uncertainty lingers over each member's future contributions, though - how is the team to devise a durable and effective split? Jim Triandiflou and Ken Burows worked resolutely to plan for the launch of their sales management software company. Ockham Technologies' three founders are about to craft their founding agreement and split the equity among themselves. Balanced Scorecard approach focuses on comprehensive metrics rather than only local optimization in various spheres such as – financials, operations, internal processes, and customers’ needs.ĮMBA Pro Balanced Scorecard Analysis Solution for " Slicing Pie with a Razor: Ockham Technologies' Founding Agreement" case study Introduction to Balanced Scorecard AnalysisĪt EMBA PRO, we believe that Balanced Scorecard approach is highly efficient strategic tool to formulate a cohesive strategy.
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