Kaplan and Norton’s Balanced Scorecard is a familiar concept, still widely used today, often falling to FP&A or Strategic Planning teams to create and then monitor. This process can be very challenging and problematic to deliver. This blog focuses on some practical observations and tips regarding the implementation of a scorecard, designed to help you get buy-in from the rest of the organisation.
Marco Singh
Marco Singh is a commercial finance director that has worked for both startup & blue-chip companies across a number of industries, from fintech payments to low-tech manufacturing.
A common feature across all the companies he has worked for is the focus on top-line growth and innovation. His main expertise is around building and leading highly commercial business partner or FP&A teams.
He is an associate member of CIMA and has an MBA from Warwick Business School.
Author's Articles
Forecasting new product launches are a tricky business with plenty of emotional baggage. They are also often, inevitably, wrong. This blog argues that when commercial finance or FP&A professionals are involved they should focus equally on model flexibly as well as the outcome.
Many commercial finance or FP&A professionals focus on getting the model right and not enough time considering the how people are going to react to the outcome. This blog sets out a few tips to navigate the politics. In the words of Oscar Wilde ‘The truth is rarely pure and never simple’.