Despite rapid adoption of Total Quality Management (TQM) principles in the late
1980s, many companies found themselves struggling to tie TQM to their
bottom-line results, simply because TQM efforts tended to focus on isolated
projects that most often did not have any linkage to strategic goals.
Recognizing this problem, Doctors Robert S. Kaplan and David Norton studied
many organizations that were successfully addressing strategic linkage and
execution, including
Florida Power & Light (FPL), an electric utility at which
ActiveStrategy CEO Jack Steele was a General Manager.
From these studies, The Balanced Scorecard (BSC) concept was born and described
in a 1992 Harvard Business Review article and in subsequent books by Doctors
Kaplan and Norton.
ActiveStrategy’s leadership has decades of hands-on experience -- reaching back
to the Deming Prize-winning Florida Power & Light. We apply this deep
understanding of the fundamentals, as well as how to apply them successfully in
real business environments, to help our clients improve results.