Comparison Competing Values Framework versus Balanced Scorecard?

Competing Values Framework
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Jay, Australia

Comparison Competing Values Framework versus Balanced Scorecard?

How does the Competing Values framework compare to the balanced scorecard approach?

  R. Meijer, Netherlands
 

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.

  Roman Walley
Management Consultant, United States
 

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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