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Jay, Australia
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Comparison Competing Values Framework versus Balanced Scorecard?
How does the Competing Values framework compare to the balanced scorecard approach?
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R. Meijer, Netherlands
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Competing Values Compared with Balanced Scorecard
My first answer could be:
- Rational Goal = financial perspective
- Internal Process = business process perspective
- Human Relations = learning perspective
- Open Systems Model = customer perspective.
This is one way they compare. However, given the focus on facts, goals and measurements it is a rational goal perspective on the four quadrants as identified by Quinn. I think it is best compared on the business effectivenes paradigm; not the leadership or cultural paradigm of Quinn. This is just a first thought on how the models could compare.
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Roman Walley
Management Consultant, United States
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Competing Values Compared with Balanced Scorecard
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.
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