The Balanced Scorecard will soon be 30 years old. The need to look beyond short term results is a pressing as ever, but what might the balanced scorecard of 2025 look like?
Well, the data tells us that there are 4 BIG numbers linked to sustained performance (and in particular peak performance). These numbers relate to Performance Potential, Pressure, Vitality (or well-being) and Collaboration. It is information that every manager needs to know.
Here we use the concept of the pitboard from racing to communicate data on the performance and potential of a business unit or team.
Thankfully these are measured by next-generation Performance Analytics solutions, such as our Pitstop Analytics™.