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Publication Detailed Description
Linking benefits to balanced scorecard strategy map
Advances in Intelligent Systems and Computing
Year (definitive publication)
2013
Language
English
Country
Germany
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Abstract
In this paper the authors propose a link between the Benefits Dependency Network, from a Benefits Management approach, and a Strategy Map, from Balanced Scorecard, to improve the management of business benefits and to ensure that actions taken along the investment life-cycle lead to foreseen benefits realization. The goal of this integration is to build a framework that combines useful features of both methods. We sustain that they can be complementary. As a Strategy Map is committed with strategic alignment, communication and monitoring of strategy execution at all levels of an organization, a Benefits Dependency Network is aimed at explaining how benefits are going to be obtained through organizational change. Using the results of a case-study research, we explain how a Strategy Map can cross with the Benefits Dependency Network. The integrated contribution is meant to increase the investments effectiveness, giving to stakeholders the confidence on a clearer delivery path for their expected benefits.
Acknowledgements
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Keywords
Benefits Management,Balanced Scorecard,Strategy Map,IS/IT Investments
Fields of Science and Technology Classification
- Computer and Information Sciences - Natural Sciences
- Civil Engineering - Engineering and Technology