BSC or OKR?

Strategy Maps
Knowledge Center

Forum
livio beghini
CEO, Italy

BSC or OKR?

In recent time there is the Objectives and Key Results (OKR) usage to steer the management team towards the strategic targets.
I think that OKR are short term targets, since BSC are long term and visionary targets.
Can we support the idea to manage both BSC and OKR at the same time?
Can we link BSC and OKR in a profitable way?
Thanks in advance for your comments.
Livio.

  Chris Blackman
Business Consultant, Australia
 

BSC & OKR - Strategy Maps

Balanced Score Card is a blend (or balance) of short and long term strategic objectives, measured with (again, a balance of) subjective and objective metrics.
Targets, and objectives, can be both strategic and operational, short term, or long term, and visionary, in a sense. I think you're attaching separate meanings to OKR and BSC that aren't really correct. Can you link BSC and OKR? Why not, you're basically talking about the same ideas, differently named. If you mapped BSC objectives and OKR targets, using the Kaplan/Norton Strategy Map model, I think you will see how they all line up. Happy to help if you need more info.

 

More on Strategy Maps:
Summary
Special Interest Group

Do you have a keen interest in Strategy Maps? Become our SIG Leader

Strategy Maps
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2022 12manage - The Executive Fast Track. V15.8 - Last updated: 16-5-2022. All names of their owners.