SmithGroup has been awarded the 2014 Award for Excellence by the Balanced Scorecard Institute (BSI). The award distinguishes the firms that have most successfully used a balanced scorecard approach to achieve a more strategy-focused organization.
SmithGroup was chosen for the prestigious award because of its executive leadership, strategy development and clarity, organizational alignment and communication, strategic resource allocation, performance improvement, and the successful integration and sustainability of the balanced scorecard method into the firm’s management processes. BSI presented its coveted Award of Excellence to SmithGroup on March 31, 2014, at the Balanced Scorecard Institute/Spider Strategies Users Conference at the Hilton Myrtle Beach Resort in Myrtle Beach, SC.
”The balanced scorecard method is a means of developing and communicating where we want to go as a firm, and how we expect to get there,” said SmithGroup President & CEO Carl Roehling. “The power of it is that the strategy process aligns each and every one of us in pursuit of the same future.”
SmithGroup adopted the balanced scorecard system in 2011.
The Balanced Scorecard Institute provides strategic planning, balanced scorecard and performance management training, certification and consulting services to government, nonprofit and commercial organizations. The Institute’s Nine Steps to Success™ balanced scorecard framework integrates strategic planning, budgeting, operational planning, performance measurement and strategy execution into a practical disciplined framework for helping organizations achieve higher levels of performance.
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