The Integral Scorecard is undoubtedly a model that has become an international benchmark for business management and meeting objectives, given its success as a resource to improve internal aspects of companies, such as finance, recruitment of clients, innovation and learning projects, among others. How can we implement it? Here are five steps to do it: 1. Update the mission and vision: The basis for implementing this model is the mission and business vision, which needs to be reviewed to certify that they really fit what the entrepreneur or enterprising wants from their organization. If they are out of date in their formulation, what is relevant is their updating. Remember that mission and vision answers questions like what kind of business you are and what you are really looking for. 2. Integral analysis of the organization: The integral scorecard can’t be applied, but the state of the organization is known internally and externally. For this...
I am a Venezuelan entrepreneur and chairman of The Libi Group, which groups several companies including the Food Processing Industry, Cold & Macaracuay Service, Inproceca and Frimaca. On my blog, i write about business, entrepreneurship initiatives, market strategies and other topics.