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The Scorecard Solution: Measure What Matters and Drive Sustainable Growth

BOOK REVIEW

pmwj34-May2015-Bapat-BOOKBook Title: The Scorecard Solution: Measure What Matters and Drive Sustainable Growth        
Author: Dan E. King
Publisher: AMACOM
List Price:   $29.95
Format: hard cover
Publication Date:   01/2015         
ISBN: 978-0-8144-3492-5
Reviewer: Anil Bapat, M.S. PMP ITIL
Review Date: 04/2015

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Introduction

The Scorecard Solution: Measure What Matters and Drive Sustainable Growth is a book that provides a practical tool that allows one to maintain a crystal-clear, constant view of their business that will enable better decision making. Too often in business today leaders receive a “sanitized” version of what is really going on in their business. Subordinates tend to be reluctant to deliver news on looming performance deviations or organizational weakness, for fear of the messenger being shot. As a result, strategic decisions are often being made by CEOs with either too little or inaccurate information at hand. Over time, this can send many organizations into the “death spiral” and could possibly lead to their extinction.

The tool presented in this book is called the Organizational Prowess (OP) scorecard. It quantifies where an organization is health-wise based on 3 major dimensions:

(1). Strategy Planning – what are we going to work on?

(2). Execution Framework – how do we get it done?

(3). Talent – who will do the work?

Within each category above, there are subcategories which drill down to very granular questions. Each question is assigned a point value and the points are summed up and aggregated up the chain to produce an overall score for each of the main categories. The sum of the 3 category values above will determine the organization’s health.

The 4 levels of organizational competence as determined by the score above are:

Agile: 80 – 100 points: The company has an enviable speed to market, a culture of innovation, and exceeds financial targets.

Resilient: 60 – 79 points: The company typically achieves revenue targets, but overachievement is elusive. Existing capabilities make stretch goals hard to attain.

Vulnerable: 30 – 59 points: The company regularly misses financial targets, suffers talent erosion, and has minimal innovation.

Lagging: 10 – 29 points: The company has a passionless culture and doesn’t innovate. Without changing, its survival is in doubt.

Overview of Book’s Structure

The book begins with an Introduction and then goes directly into explaining the Organizational Prowess (OP) scorecard. It comes up with a definition of “Organizational Prowess” and goes into a deep dissection into its very meaning and the components of the definition using practical examples. In Chapter 2, the book puts together a real world, true story example of an organization that fell on hard times and how it got there.

More…

To read entire Book Review (click here)

 

About the Reviewer

pmwj34-May2015-Bapat-PHOTOAnil Bapat, M.S. PMP ITIL

Texas, USA

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Anil Bapat
is a certified Project Management Professional (PMP) with over 15 years of experience in project planning, implementation, and execution. He has supported multiple projects of medium to high complexity with a consistent track record of on-time and on-quality delivery. Anil is a member of the Project Management Institute – Dallas Chapter and received his Masters of Science degree in Software Engineering from the University of Houston- Clear Lake. Anil also holds a Bachelor’s of Science Degree in Computer Science from Embry-Riddle Aeronautical University in Daytona Beach, Florida, USA.

Email address: [email protected]

Editor’s note: This book review was the result of a partnership between the publisher, PM World and the PMI Dallas Chapter. Authors and publishers provide the books to PM World; books are delivered to the PMI Dallas Chapter, where they are offered free to PMI members to review; book reviews are published in the PM World Journal and PM World Library. PMI Dallas Chapter members can keep the books as well as claim PDUs for PMP recertification when their reviews are published. Chapter members are generally mid-career professionals, the audience for most project management books. If you are an author or publisher of a project management-related book, and would like the book reviewed through this program, please contact [email protected].