Competing Values Compared with Balanced Scorecard
Roman Walley, Management Consultant, United States
At a more elementary level, the Balanced Scorecard approach is a way for business to communicate strategic planning
by focusing on customers, financial, learning and business processes. The competing values framework is a method for analyzing a businesses culture
to see what you have and where you want to go.
If I was a consultant tasked with helping a turnaround, I wouldn't hesitate to start wtih the competing values framework and then use the BSC to help craft and communicate a business strategy for moving forward.