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Balanced Scorecard Basics: Financial and Non-Financial Metrics for Leaders

Season 1 Episode 140 Published 1 year, 3 months ago
Description

Emily Sander talks about using the Balanced Scorecard to improve business strategy. She explains how it can help align teams, balance financial and non-financial elements, and focus on both short-term and long-term goals. Emily also previews upcoming discussions on financial, customer, internal process, and learning and development perspectives.

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Who Am I?
If we haven’t met before - Hi👋 I’m Emily, Chief of Staff turned Executive Leadership Coach. After a thrilling ride up the corporate ladder, I’m focusing on what I love - working with people to realize their professional and personal goals. Through my videos here on this channel, books, podcast guest spots, and newsletter, I share new ideas and practical and tactical tools to help you be more productive and build the career and life you want. 


Time Stamps:
00:00 Introduction to the Series
00:57 What is a Balanced Scorecard?
01:21 Who Should Use a Balanced Scorecard?
02:04 Emily's Experience with Balanced Scorecards
02:57 Aligning the Organization
04:18 From Control to Strategic Focus
07:24 Balancing Financial and Non-Financial Elements
08:08 Balancing Short-Term and Long-Term Goals
09:40 Leading and Lagging Indicators
10:48 Successful Teams and Companies
10:54 Sneak Preview of Next Episode
11:39 Conclusion and Next Steps

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