Process improvement programs are like teaching people how to fish. Strategy maps and scorecards teach people where to fish.
Robert S. KaplanRead
Consistent alignment of capabilities and internal processes with the customer value proposition is the core of any strategy execution.
Interpretation
Aligning a company's capabilities with its promise to customers is crucial for effective strategy execution.
This quote emphasizes the importance of ensuring that a company's strengths and operations are consistently matched with what it promises to deliver to its customers. Only when these elements are aligned can a company effectively execute its strategy and achieve its goals, leading to customer satisfaction and business success.
In practice
In a business presentation discussing strategic planning.
Process improvement programs are like teaching people how to fish. Strategy maps and scorecards teach people where to fish.
In the final analysis, finding a way to do clean business and not to pay bribes actually improves your bottom line.
Poor firms ignore their competitors; average firms copy their competitors; winning firms lead their competitors.
Strategic management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action. But quantification alone is not planning. Some of the most important issues in strategic management cannot be quantified at all.
Managing a business, small or large, today requires an extremely disciplined, thoughtful approach with regard to the pressure that people are under.
Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.
A great business has to have a conscience. You have to know who you are and who you are not.
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