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S2E8 - Paul Niven - The evolution of the balanced scorecard
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In this episode, we delve into the extensive career of Paul Niven, a renowned expert in strategy execution with a focus on the balanced scorecard and OKR (Objectives and Key Results) frameworks. Paul shares his journey from public accounting to pioneering the balanced scorecard in the early 1990s, leading to significant improvements in organizational performance. He has since authored several influential books and collaborated with over 500 organizations worldwide.
Paul discusses the evolution of the balanced scorecard, particularly its application in Fortune 500 companies, and explores the transition to OKRs, which provide greater flexibility and autonomy for employees at all levels. He advocates for a hybrid approach that integrates both models, emphasizing the importance of setting specific, challenging goals and the need for internal champions to drive successful OKR adoption.
The conversation also touches on the future of OKRs and their potential integration with broader management systems, as well as the importance of continuous learning for professionals in strategy execution.
Connect with Paul Niven on LinkedIn.
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